Leidos Holdings, Inc. (NYSE: LDOS), a provider of engineering services and solutions, Tuesday reported an increase in adjusted earnings and revenues for the third quarter of 2023. The company also provided guidance for fiscal 2023.
At $3.92 billion, third-quarter revenues were up 9% year-over-year. Revenues of all three operating segments increased during the three-month period.
On an unadjusted basis, the company reported a net loss of $399 million or $2.91 per share for the September quarter, compared to a profit of $162 million or $1.17 per share in the prior year period. Adjusted profit was $2.03 per share, up 28% from last year.
For fiscal 2023, the company expects revenues to be in the range of $15.1 billion to $15.3 billion, and adjusted earnings per share between $6.80 and $7.10.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
