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0 0 0.00701344243132681 0.00935125657510241 0.00642898889538295 0 -0.000584453535943859 0.0219462302746931
Stock impact report

Leidos misses quarterly revenue estimates on government shutdown impact [Yahoo! Finance Canada]

Leidos Holdings, Inc. (LDOS) 
Last leidos holdings, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.leidos.com
The shutdown, the longest in the country's history, ?ended in November after severely disrupting government operations and weighing on contractors such as Leidos, which provides IT, weapons and other services to federal agencies. Shares of Leidos, which also ?supplies air traffic control ?systems to the Federal Aviation Administration, fell 1.6% in premarket trading. Last month, defense supplier ?L3Harris Technologies also flagged a hit from the shutdown, largely in its space systems business. Leidos' revenue during the fourth ?quarter came ?in at $4.21 billion, down ?3.6% from last year, ?and lower than analysts' estimates of $4.31 billion, according to data compiled by LSEG. Results also took a hit from a 9.3% drop in sales in its health and civil segment, which provides electronic health record systems to both ?the Department of Defense and ?Veteran Affairs hospitals. On an adjusted basis, ?however, the Reston, ?Virginia-based company's fourth-quarter profit per share of Show less Read more
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