Booz Allen comes in shy of revenue estimates, could pursue M&A

Booz Allen comes in shy of revenue estimates, could pursue M&A

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Booz Allen Hamilton Inc. (NYSE: BAH) notched $1.96 billion in revenue in its first quarter earnings Friday, coming just short of average Wall Street estimates, but dodging more stark financial impacts of the ongoing coronavirus pandemic. The McLean technology and cybersecurity company recorded a 7.2% revenue gain over the prior year, driven largely by demand in Booz Allen’s defense and civilian government business.  That has come in contrast to some firms this earnings season, as a lack of contractors…

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