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Booz Allen Hamilton fiscal Q3 profit climbs YOY

Booz Allen Hamilton Holding Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was 37 cents per share, compared with the S&P Capital IQ consensus estimate of 40 cents per share.

EPS rose year over year from 36 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $54.9 million, an increase from $54.1 million in the year-earlier period.

The normalized profit margin climbed to 4.2% from 4.1% in the year-earlier period.

Total revenue came to $1.31 billion, compared with $1.30 billion in the year-earlier period, and total operating expenses came to $1.20 billion, compared with $1.20 billion in the prior-year period.

Reported net income rose from the prior-year period to $106.6 million, or 71 cents per share, from $52.0 million, or 35 cents per share.