Booz Allen Hamilton reports sales, profit growth

By Marjorie Censer / February 1, 2019 at 9:48 AM

Booz Allen Hamilton said today sales in its most recent quarter reached $1.7 billion, up 13 percent from the same three-month period a year earlier.

The contractor's quarterly profit hit $132 million, up 76 percent from the prior year.

In a call with analysts this morning, Horacio Rozanski, Booz Allen's chief executive, said the company is seeing "good signs" the government is quickly returning to normal after the partial shutdown.

"We would like to see an agreement in Congress that goes frankly, ideally through the next election, not just through the next fiscal year, and I remain optimistic that that will take place," he said. However, "we can handle market disruption better than most."