Leonardo DRS Announces Financial Results for First Quarter 2024
Leonardo DRS, Inc. (DRS)
Company Research
Source: Business Wire
Revenue: $688 million, up 21% year-over-yearNet Earnings: $29 million, up 142% year-over-yearAdjusted EBITDA: $70 million, up 43% year-over-yearDiluted EPS: $0.11, up 120% year-over-yearAdjusted Diluted EPS: $0.14, up 100% year-over-yearBookings: $815 million (book-to-bill ratio of 1.2x)Backlog: $7.8 billion, up 84% year-over-yearConfirms solid 2024 guidance ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the first quarter 2024, which ended March 31, 2024.CEO Commentary“Leonardo DRS delivered exceptional first quarter 2024 results, highlighted by solid bookings, robust double-digit organic growth, significant profit growth and margin expansion. This incredible start to the year continues to demonstrate the strength of our portfolio and is foundational to the confidence we have in our ability to deliver on our growth and margin expansion commitments. I am pleased with how our
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- Leonardo DRS, Inc. (NASDAQ:DRS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Leonardo DRS, Inc. (DRS) Q1 Earnings and Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
- Leonardo DRS Announces Financial Results for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
DRS
Earnings
- 5/1/24 - Beat
DRS
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- DRS's page on the SEC website