Leidos Q1 2022 Earnings Report
Key Takeaways
Leidos Holdings, Inc. reported financial results for the first quarter of fiscal year 2022. Revenues were $3.49 billion, up 5% year-over-year. Net income was $177 million, and diluted EPS was $1.25. Net bookings totaled $5.4 billion, resulting in a record backlog of $36.3 billion.
Revenues of $3.5 billion, up 5% year-over-year
Net Income of $177 million; Adjusted EBITDA of $358 million
Diluted Earnings per Share of $1.25, or $1.58 on a non-GAAP basis
Net Bookings of $5.4 billion drive record backlog of $36.3 billion
Leidos
Leidos
Leidos Revenue by Segment
Forward Guidance
Leidos is maintaining its fiscal year 2022 guidance as follows: Revenues (billions) $13.9 - $14.3, Adjusted EBITDA Margin 10.3% - 10.5%, Non-GAAP Diluted EPS $6.10 - $6.50, Cash Flows Provided by Operating Activities (billions) at or above $1.0.