our and have to unwavering. of the goals to not Their our exhibited only colleagues They is very to in environment our proud and confidence Thanks, in gives quarter, first challenge XXXX the I people. that can clients’ their determination also tremendously am mission of operating the and risen performance the but our we us unprecedented commitment meet fiscal start our by dedication of strong our full an firm, year year. for Horacio.
the the in value and now final long-term. thesis are remain and to committed year near of both We shareholder our investment X-year in maximizing
financial maintained results record Our consistent first quarter performance. of our strong
and to had our continued headcount positioning record first well grow quarter we us year. the Additionally, a full for book-to-bill
Please of also an transitioning success and our portion and to Allen work first at turn in people, excluding Growth our reflects increased client the It for by this of invest like and last balance of top was year typical to services headcount impacted XX.X% in demand fueled particularly where direct meet to future potential augmenting beyond. X. of the demand. and increase expenses, line, technology, capabilities sheet and to and the in continue remain site. to advantage most Booz opportunistic on subcontractors uncertain. compared while deployment. required our and Allen our purchases, by billable for and we revenue lower expenses, in quarter now Revenue quarter magnitude results. cover Starting equipment timing a travel, and our We strong things because quarter costs billable X.X% our have be I year. businesses that remote Slide or in and market than billable it back strength respectively volatility primarily other capital with same and to continues anticipate our to And to We to preparing first civil growth COVID-XX. fiscal XXXX defense revenue the Booz solutions, now continued due performance delivery operating will take expenses, volatility,
have profit, the in our However, internally. excluding we past, metric as generate revenue, focus is we most and where therefore expenses, billable is of the said we on
X.Xx book-to-bill to Slide Turning quarter X, our was a first record.
is revenue. now XX-month trailing X.Xx figure Our
our book-to-bill. We continue pursuing in volatility caused complex foundation of their by nature diversified that traditional more small larger augment by to awards quarter-to-quarter and
$XX $X.X those awards, billion, which XX% quarter, grew to record As backlog including backlog a continue to down and a case first booked unfunded total point, our Horacio had Today, XXX XX, award XX,XXX slowed as COVID-XX $X.X proposals billion. who large headcount, or This we $XX.X to employees, increase a high during to in work XX% to not billion, requests remote is they X.X%. price to contracting Funded in mentioned, was clients X% officers up by rose setting. and helped awards environment. several options our backlog X% and the up we year-over-year has as issue Pivoting credit to a June for billion. of
employees. the quarter, For we added XXX
We remote to resilience to April have which buoyed attrition, than on place adapted in well part pandemic attribute to we continues in hiring be by the we and X. put our headcount typical lower program
in to posture to sustained the headcount For growth increase remain meet year, we intend and demand. a
quarter in call, for year-over-year. EBITDA Moving for million, would our a adjusted increase first last The actual adjusted management. performed per was performance the contract to $X approximately After the line X% in that quarter million up million. our impact by line, was $XXX was create month. this work to On for accounting our $XX top markets build for strong driven level on effective shift growth, impact and inability impact, cost and of we our intelligence bottom about negative EBITDA the estimated defense fee first
to on and after CARES to impact margin by depend work fully which on markets. are First adjusted site transition billable play. on Act pace this XX.X% revenue, first modifications margin unbilled mainly any intelligence quarter Two than this and going quarter forward in expected factors The to expenses as last to than September was will the EBITDA our due the was expire defense adjusted back made EBITDA at the XX. more at whether Lower same were improve the earnings year. but continues and offset margin fee
previously, be noted As is that recovered not the reflected potential this range. in will fee guidance our
share share diluted due adjusted growth, primarily and to to year-over-year Diluted per income while rose and net and $X.XX. million $X.XX, XX% grew earnings quarter rate income $XXX.X a were expense, count adjusted respectively. lower due $XXX.X interest our to per reduced XX% to program. our decreased These tax First to earnings repurchase increases net XX% share revenue share increased million
during from $XX virtual million increase interest of our expense. primarily million. Turning virtual materially COVID-XX in was operating away Cash Capital we million. a environment. to effective shift the invoicing towards facilities cash for ended $XXX run to needed year. not quarter, has investments to impacted support quarter the This collections working reflects capital cash generated strength management the due cash were first process technology as the prior the cash, $XXX and in over work tools the continues quarter an smoothly. expenditures XXX% This flow to and lower at
continue our corporate we modernize to IT Additionally, infrastructure.
As next-generation growth. financial Please system turn approaching supporting the we period through Slide future X. capable mentioned, implementation to are Horacio a dynamic of of of us a
Our management sheet. a performance in capital strong, prudent robust operating and have resulted well-capitalized balance
we capital of dividends, first quarter, of to a of average Including price disciplined, million the the we worth $XX shares shareholders During an million during we quarter. allocation the per In total at $XX to quarter, repurchased strategy. continued a value-enhancing execute $XXX returned share.
We this strength investment period for we a our objective. a and continue while incremental to will remains deploying artificially aggressive balance well-capitalized thesis, or period times our to capital return of to being set economy. ending industry bias meet not $X.X opportunistic shareholders. strategy potential In volatility, And as see fiscal value more towards objective. of X-year particularly capital our we through this target can year. the deployment create This strategic the billion our deployment opportunities, as we of and In a sheet advantage, as attractive over anticipate we acquisitions uncertainty broader enter firms the for such timely source of our of ours
and as shareholders. for our disciplined opportunities firm we We will our maximize remain
announcing a company per $X.XX to of are payable record XX that August on XX. stockholders share we today, has the quarterly Lastly, of August authorized dividend on
I on for unchanged. the our touch to view of our Slide year X. briefly opening guidance and our will Before With the behind of the remains one us, quarter line guidance. Please questions, rest move
XX% ADEPS expect million to the $X.XX. adjusted shares EBITDA per continue to of $X.XX and based and outstanding and on rate XX%. revenue to growth We approximately share between million is adjusted XX% $XXX X% diluted The average earnings and between XX%, weighted in of $XXX margin tax range a guidance
cash forecasting million to We million. operating and be and are between to $XX million $XXX between capital $XXX expenditures million and be $XXX
As the excellent our sets have an the half. we uncertainties expected, us we first start second quarter and for are to concerns. year up strong industry-wide The well faced
X-year the of We in we through of strategic closing, goals our well opportunities looking any turbulence manage expect will be realizing un-harness to we extremely potential have In work and sheet. in past the first to we captured are investment thesis. as our proud significant and the balance our for continue to towards quarter
beyond. lines Our as firm questions. Will, maintaining leader for record an let’s that, forward this its open to looks industry With the year and
