Loading...
•
Mar 31, 2024
Leonardo DRS Q1 2024 Earnings Report
Leonardo DRS reported exceptional first quarter 2024 results, marked by robust bookings, double-digit organic growth, significant profit growth, and margin expansion.
Key Takeaways
Leonardo DRS announced strong Q1 2024 results with a 21% increase in revenue, a 142% increase in net earnings, and a 43% increase in adjusted EBITDA. The company also reported a record backlog of $7.8 billion and confirmed its 2024 guidance.
Revenue increased by 21% year-over-year to $688 million.
Net earnings increased by 142% year-over-year to $29 million.
Adjusted EBITDA increased by 43% year-over-year to $70 million.
Backlog reached a record $7.8 billion, up 84% year-over-year.
Leonardo DRS
Leonardo DRS
Leonardo DRS Revenue by Segment
Revenue by Segment
Advanced Sensing and Computing Revenue
CapyFin.comIntegrated Mission Systems Revenue
CapyFin.com Forward Guidance
Leonardo DRS confirms its 2024 guidance with revenue between $2.925 billion and $3.025 billion and adjusted EBITDA between $365 million and $390 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income