Leidos Q2 2021 Earnings Report
Key Takeaways
Leidos Holdings, Inc. reported financial results for the second quarter of fiscal year 2021. Revenues were $3.4 billion, up 18% year-over-year. Diluted Earnings per Share was $1.18, or $1.52 on a non-GAAP basis. Net Bookings of $3.8 billion and backlog grew to $33.5 billion, up 9% year-over-year.
Revenues of $3.4 billion, up 18% year-over-year
Diluted Earnings per Share of $1.18, or $1.52 on a non-GAAP basis
Net Bookings of $3.8 billion (book-to-bill ratio of 1.1) build a strong foundation for growth
Backlog grows for fourteenth consecutive quarter to $33.5 billion, up 9% year-over-year
Leidos
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Leidos Revenue by Segment
Forward Guidance
Leidos is reaffirming its fiscal year 2021 guidance as follows: Revenues (billions)$13.7 - $14.1Adjusted EBITDA Margin10.5% - 10.7%Non-GAAP Diluted EPS$6.35 - $6.65Cash Flows Provided by Operating Activities (millions)at or above $875