Booz Allen Hamilton Q2: Strong Growth In Both Federal Defense And Civil Markets
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Booz Allen Hamilton reported strong Q2 financial results with 18% revenue growth and 27.3% adjusted operating income growth, driven by federal defense and civil markets. The company expects significant growth in its cybersecurity business.
November 11, 2024 | 4:30 am
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Booz Allen Hamilton reported strong Q2 results with 18% revenue growth and 27.3% adjusted operating income growth. The company is expected to see significant growth in its cybersecurity business.
The strong financial results and growth prospects in key markets, including cybersecurity, support a positive short-term impact on Booz Allen Hamilton's stock price. The reiterated 'Strong Buy' rating and fair value of $220 further bolster investor confidence.
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