Published • loading... • Updated
Defense Giant Leidos Delivers Record Cash Flow, Secures $2.4B Acquisition
Summary by 247wallst.com
1 Articles
1 Articles
Defense Giant Leidos Delivers Record Cash Flow, Secures $2.4B Acquisition
Quick Read Leidos (LDOS) beat Q4 earnings expectations while missing revenue estimates. A government shutdown created a 7 percentage point revenue headwind. Leidos free cash flow more than doubled to $452M in Q4. Margins expanded 150 basis points to 8.0%. Leidos acquired Entrust for $2.4B and secured major contracts. Total backlog reached $49.0B on a 1.3x book-to-bill ratio. Finally! You can open a SoFi Crypto account and access 25 plus cryp…
·New York, United States
Read Full ArticleCoverage Details
Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
