Leidos Q4 2019 Earnings Report
Key Takeaways
Leidos Holdings reported Q4 2019 revenues of $2.95 billion, an 11.6% increase compared to the prior year quarter. Diluted earnings per share was $1.26, and non-GAAP diluted earnings per share was $1.51, a 37% increase year-over-year. The company's backlog at the end of fiscal year 2019 was $24.1 billion.
Revenues for the quarter were $2.95 billion, an 11.6% increase compared to the prior year quarter.
Operating income for the quarter was $261 million, compared to $188 million in the prior year quarter.
Diluted earnings per share was $1.26, compared to $1.25 in the prior year quarter.
Non-GAAP diluted EPS for the fourth quarter was $1.51 compared to $1.10 in the prior year quarter.
Leidos
Leidos
Leidos Revenue by Segment
Forward Guidance
The Company's outlook for fiscal year 2020 is as follows: •Revenues of $12.6 billion to $13.0 billion; •Adjusted EBITDA margins of 10.0% to 10.2%; •Non-GAAP diluted EPS of $5.30 to $5.65; and •Cash flows provided by operating activities at or above $1.0 billion.
Positive Outlook
- Revenues of $12.6 billion to $13.0 billion
- Adjusted EBITDA margins of 10.0% to 10.2%
- Non-GAAP diluted EPS of $5.30 to $5.65
- Cash flows provided by operating activities at or above $1.0 billion