Leidos Reports Strong Third Quarter 2024 Results and Raises Full-Year Guidance

On October 29, 2024 Leidos Holdings, Inc. (NYSE: LDOS) reported financial results for the third quarter of fiscal year 2024 (Press release, Leidos, OCT 29, 2024, View Source [SID1234649390]).

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"Continued improvement in operating performance across all segments drove excellent revenue growth, record margins for net income and adjusted EBITDA, substantial earnings growth, strong cash flow, and robust bookings," said Leidos Chief Executive Officer Tom Bell. "These results demonstrate clearly how our collaborative and innovative workforce is focused on consistent execution for our customers and shareholders. With a healthy balance sheet, improving business development performance, and emerging ‘North Star’ strategy, Leidos is well positioned to deliver robust and sustainable returns as we move forward."