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Booz Allen Hamilton® BOOZ ALLEN HAMILTON ANNOUNCES THIRD QUARTER FISCAL 2021 RESULTS + Company Expects Adjusted Diluted Earnings per Share ¹ Growth to Exceed Three - Year Investment Thesis Ending with Fiscal Year 2021 + Adjusts Full Year Guidance at the Top and Bottom Line + Quarterly Revenue Increase of 3.0 percent over the Prior Year Period to $ 1.9 billion , and Revenue , Excluding Billable Expenses¹ Growth of 6.2 percent + Quarterly Diluted Earnings Per Share of $ 1.03 and Adjusted Diluted Earnings Per Share¹ of $ 1.04 + 6.1 percent Increase in Total Backlog to $ 23.3 billion and Strong Cash Flow Performance + Increased Quarterly Dividend by $ 0.06 to $ 0.37 per Share FINANCIAL SUMMARY Third Quarter ended December 31 , 2020 - A summary of Booz Allen's results for the third quarter of fiscal 2021 is below . All comparisons are to the prior year period . A description of key drivers can be found in the Company's Earnings Call Presentation for the third quarter posted on investors.boozallen.com . " We are on track to deliver another year of revenue and earnings growth . While we had slower revenue growth than expected this quarter , our bottom - line results , profit margins , and cash flow were excellent , and ahead of expectations . I am confident that our team's skilled execution of the business and our strong balance sheet will allow us to continue investing in our people and capabilities while creating value for clients and investors . " - HORACIO ROZANSKI President and Chief Executive Officer McLean , Virginia ; January 29 , 2021 - Booz Allen Hamilton Holding Corporation ( NYSE : BAH ) , the parent company of management and technology consulting and engineering services firm Booz Allen Hamilton Inc. , today announced preliminary results for the third quarter of fiscal 2021 . The Company approaches the conclusion of its three - year Investment Thesis , ending fiscal year 2021 , expecting to exceed its stated goals for Adjusted Diluted EPS¹ growth . The Company experienced slower than expected revenue growth due to factors related to the COVID - 19 pandemic and the presidential transition . It reported strong third quarter performance in Adjusted EBITDA margins , earnings , and cash flows , with a solid increase in backlog . The Company lowered guidance on revenue while raising guidance on Adjusted EBITDA Margin on Revenue¹ , Adjusted Diluted EPS ¹ and cash from operating activities . The Company reported quarterly revenue growth of 3.0 percent and a 6.2 percent quarterly increase in Revenue , Excluding Billable Expenses¹ . Net Income increased by 28.9 percent to $ 144.4 million and Adjusted Net Income ¹ increased by 27.7 percent to $ 144.9 million . Top - line growth contributed to a 7.7 percent quarterly increase in Adjusted EBITDA¹ to $ 205.4 million . Quarterly Adjusted EBITDA Margin on Revenue¹ was 10.8 percent . Diluted Earnings per Share was $ 1.03 , up $ 0.24 or 30.4 percent , while Adjusted Diluted EPS¹ was $ 1.04 , up $ 0.24 or 30.0 percent . Total backlog increased by 6.1 percent over the prior year period to $ 23.3 billion and the quarterly book - to - bill ratio was 0.32x . As of December 31 , 2020 , total headcount was 390 higher than at the end of the prior year period , an increase of 1.4 percent , and 72 lower than the end of the prior quarter . THIRD QUARTER FY21 ( changes are compared to prior year period ) REVENUE : $ 1.90B EX . BILLABLE EXPENSES1 : $ 1.33B OPERATING INCOME : $ 184.3M +3.0 % +6.2 % +9.0 % ADJ . OPERATING INCOME¹ : $ 184.3M +8.4 % NET INCOME : $ 144.4M +28.9 % ADJUSTED NET INCOME : +27.7 % $ 144.9M EBITDA : $ 205.4M +8.3 % ADJUSTED EBITDA¹ : $ 205.4M +7.7 % DILUTED EPS : $ 1.03 up from $ 0.79 ADJUSTED DILUTED EPS¹ : $ 1.04 up from $ 0.80 1