Northrop Grumman Corporation (NYSE: NOC) reported second quarter 2023 earnings results today.
Total sales increased 9% year-over-year to $9.6 billion.
Net earnings decreased 14% to $812 million while EPS fell 12% to $5.34 compared to last year.
Aeronautics Systems sales increased 2% YoY to $2.5 billion.
Defense Systems sales rose 10% YoY to $1.4 billion.
Mission Systems sales grew 5% YoY to $2.6 billion.
Space Systems sales jumped 17% YoY to $3.4 billion.
For the full year of 2023, the company expects sales of $38.4-38.8 billion.
Most Popular
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed