Leidos Holdings, Inc. (NYSE: LDOS) on Tuesday reported an increase in adjusted earnings for the second quarter of 2023. The company also provided guidance for fiscal 2023.
At $3.84 billion, second-quarter revenues were up 7% year-over-year. Revenues of all three operating segments increased during the three-month period.
Unadjusted net income increased to $207 million or $1.50 per share in the June quarter from $171 million or $1.24 per share in the prior-year period. Adjusted profit was $1.80 per share, up 13% from last year.
For fiscal 2023, the company expects revenues to be in the range of $14.9 billion to $15.2 billion, and adjusted earnings per share to be between $6.40 and 6.80.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Nio’s (NIO) Q3 2024 earnings results
NIO Inc. (NYSE: NIO) reported its third quarter 2024 earnings results today. Total revenues were $2.66 billion, down 2.1% from the same period a year ago. Net loss attributable
Key takeaways from Walmart’s (WMT) Q3 2025 report
Over the years, Walmart Inc. (NYSE: WMT) has followed a successful business model focused on offering customers a unique shopping experience and the best prices. While the retail giant continues
What to look for when Macy’s (M) reports its Q3 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) remained red on Tuesday. The stock has dropped 14% over the past three months. The retailer is scheduled to report its third quarter 2024
