third with by Welcome good the for conference and you, and color overview performance fiscal some a Thank slide fiscal Starting on of outlook Chris to high-level our call. three, XXXX providing let morning XXXX. begin everyone. quarter me our financial
-- our some event a was July and completed course, on a review of highlights Of discuss conference on hosted of consequential We for I surely & moment. to acquisition Xth. special Scientific Xnd very company news quarter the in which will the June the Social the Systems, was biggest this call
SSS long-term our trajectory. our to acquisition platform, our our strengthens builds it expands Suffice growth backlog, and solidifies that our say base, customer of
truly excited. we're So,
with last for primarily $XX.X quarter the from SSS. million, third year, was up contribution Revenue million the to increase $XX.X from due
as Kathryn volume will year-over-year slightly bit later. to discuss was business standing little due Our a timing, workload down
in was operating for the $X.X impacted SSS of period. $X.X We operating during incurred acquisition. cost impact by period cash the excluding $X.X expense diluted income closing transaction of of The the generated the and share per net million income the million, $X.XX million of posted
used term We that balance company's going and financed this to again, down the begin paying delever already forward. cash we SSS debt transaction, working, continue the our will to once sheet
it and to Systems & view slide We me Social company. Turning complementary review let of our game-changer the some four, as sets aspects SSS Scientific key skill to new briefly brings acquisition both DLH as the a of for transaction.
Most notably this is the its conducting secure in with mature quickly the becoming vision platform to in growth contractor that our of ability data accelerates feature agencies. This maturity our President, federal areas. analytics requirement substantially as had compete Beverly, and industry-leading work is invest and prime a to major robust a platform, for Kevin development targeted as
We have more coming the in on days. will that
programs many with core nationally in leader staff. the DLH, serving of complex, diverse capabilities and public sciences a as a highly of boasts as SSS market, Also same set life health credentialed, recognized
their evaluation unit qualified highly as and operating some overseeing solutions research, in employees. The program The business Kevin provides President, a several clinical operating company to health within agencies by Beverly, divisions. continue epidemiology, now run will be XXX and policy, single unit to DLH biomedical and
accomplishes the bright portfolio, DLH company drive long value as shareholder acquisition for this from to our three enhance state. a will Strategically, future and acquisition will in run. our current for things addition Thus, standalone a the the certainly
DoD capabilities. and Health offerings. complement Human Public our our substantially First, These balance it and improves Solutions Services and Sciences of and portfolio our VA and increases Life
requirements. address to potential reduces that of VA's impact associated it re-compete risk continued Kingdomware we've the with our Second, the
past, the in our in XXXX has contracts, CMOP. our discussed the certain we've impacted such Kingdomware ruling as of As
continue no to time. diligently there's to we're to in issue, our really announce this this mitigate information work see how forward, business continuing to at no While XXXX to base new due particular fiscal and of impact going we it affects
A key it is and it contract the to $XXX feature This our revenue long-term that contract so particular, of a brings business that -- does over XX% of In no its growth one important remained has backlog. stream. is important strategy. of million in over way diversification represents
scale. achieves for transaction third thing The DLH greater that the is
to and focus is to acquisition win As value our overall placed deeper a able portfolio competitiveness -- industry probabilities. our growing with provide industry This as and contracts being broader well and our as bandwidth, and thus, on IDIQ key, consolidate higher capabilities. continue on awards, our large strengthens improving
DLH Slide its terms five services. what of adds SSS programs to illustrates in and
you management, clinical the can analytics, such, see this slide epidemiology, on analysis, brings, program data As company health focus policy from that research, IT solutions. again, and
technology-enabled the recognized manages With a research and that National the Institutes of initiatives fundamentally data SSS analyzes over method. XX is collects, as years research scale Health, large also support decisions. is grounded in public such It in core clinical and serving business organization health in and customers, scientific of
as expands an our fit our organization indicated on six. new the I for with Public third Health credentialed excellent and health-focused is to business development Sciences, And organization Life slide highly opportunities. It shown it as leg and brings and staff regard clearly of
with aligned. so and that such strong, focus excited strategic acquired have values M&A opportunities. Kathryn year have both have cultural said selective very In We're and we over our the fit our period a well to mission short, regard are the remained to where I and of
With segment, of this XX% going business key which our our the new in forward. approximately we've represents presence acquisition now bolstered complete,
to small, acquisition, recall, less presence was than company's of our distributed prior relatively As X% the you the here may revenue.
time anticipated the presence facing Now, be ongoing epidemiology perfect across to data market to the annualized disease nation. a covering our healthcare a sales trials, in biological million the of issues statistical neighborhood prevention, and And clinical like. are this $XX numerous is research of multitude our increasing studies, contracts, analysis, being due
As focus years. submission CDC several coming of DLH The to the growth. current enterprise our translate measles for Services and as the Human last budget initiatives Department epidemic on targeted quarter, discussed unique resurgence are the funding and technology expertise, NIH likely Health demonstrates well important as agency prices in recent going brings to and expanded will opioid of resources, into The and address and business our expanded such key that applications advance forward. by
complements markets In the newly area serve strengthened addition, well. this that very other we two focus
beyond. particular We a at the X% that ACF. X.X% Center Bipartisan of even XXXX XXXX we of include, Health Veterans and SAMHSA, Budget Disease see targeting. These increase growth National parameters increase for Human markets are recently target passed outlook growing. Defense Department bodes X% our and Initial Administration, The the with growth include of Control, for the Act Institutes for all Health, and fiscal at and and be strong to Services, higher for a of agencies at well
The budget the of aspect and opportunities it not visibility into over of across aspects only we'll later, core the plenty every our growth address expansion nearly accordingly. provides coming pipeline supports markets, XX months,
margins. approach, working business, capabilities and expenses to to solidify we our administrative our we'll continue also new streamline our leverage look improve and customer win As
SSS Life from the programs, other secure healthcare go-to-market strategy data board will defense bolster well. across VA, and agencies The certainly analytics Sciences, our platform as
well visible strategic already with the backlog now a as $XXX of roughly revenue stream million. starting financial the and Slide seven benefits I've that discussed the highly total as of summarizes acquisition,
studies and have the to certain longitudinal primarily to our and areas is book analytics, for tied periods. tend we in data for Since contract larger stability SSS where be visibility run of These XX-year business that greater little research business. durations the provide a generally
generate we, will in once We expect additional again, solid minute, and flow, free debt enabling and both delever to the service as prepayments, a cash Kathryn review our company.
flow tax at to as bolster long-term the the price supported as cash existing deductible and tax professional is which free which business capabilities customer our such a requirements minimal, as purchase the shield model, Our strength remain growing DLH financial our and our base large prior DLH, of by leverages outlook. well capital
solid against growth be customer We're base client confident cross-selling market continue by unsaturated and to recurring requirements, opportunities, a market -- addressable execution will our base. an that driven revenue
integration me our upon successful Kevin A is our that identifying We've underway. including to Beverly, reactivated call Kathryn, and based the well is the team, SSS turning certain team XXXX leadership place. existing in by Before we're were let already led of great that just integration experience add synergies. controls process appropriate
a is more and our disciplined take This our of a make safeguarding to to possible. the as redundancies that approach Danya. In our even eliminate designed capabilities asset where margins. and And customer-centric, the complete to of successfully bottom-line we we'll deal and germane is great standardization ERP months experience integration, come, have necessary. acquisition our process us integrating agile keep IT The rationalization maximize us from we'll
IT. healthcare after We'll opportunities data new continue into and commitment increasing within have more complex, technology business to fiscal fitting and to value-added go the applications leverage company the health XXXX. our development to We're larger budget the our strengthened in space analytics,
With JohnBull. that, Kathryn Kathryn? to Chief Officer, I'd turn like call to Financial over our the
