Booz Allen Shares Rally On Margin Gains, Strong Cash Flow
Booz Allen Earnings topped estimates as stronger margins, cash flow and backlog growth helped shares jump despite lower revenue.
Booz Allen made more money on each dollar of sales than expected, and brought in lots of cash even though total sales went down. When a company does more with less, it shows smart management, so investors got excited.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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