General Dynamics Q1 2023 revenue $9.9B (+5.2% YoY), EPS $2.64, cash from ops $1.5B

GENERAL DYNAMICS CORP

Revenue $9.9B, up 5.2% YoY; net earnings $730M, diluted EPS $2.64.
Cash from operations $1.5B (200% of net earnings); capex $161M; dividends $345M; cash $2B.
Backlog $89.8B, up 3% YoY; book-to-bill 0.9x; total contract value $128.4B.
Significant defense awards: $1.1B for Abrams/Stryker, $285M for artillery, $4.5B Air Force IDIQ.
CEO cites solid results despite supply chain headwinds; strong cash flow for investment and returns.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

GENERAL DYNAMICS CORP reported the quarter ended April 2, 2023 results: revenue $9.9 billion, net income $730 million, EPS $2.64.

Period: the quarter ended April 2, 2023
Revenue: $9.9 billion
Net income: $730 million
EPS: $2.64
Result: reported results

Exact text from the filing

General Dynamics Reports First-Quarter 2023 Financial Results April 26, 2023 • Revenue of $9.9 billion, up 5.2% year over year • Net earnings of $730 million, diluted EPS of $2.64

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

GENERAL DYNAMICS CORP filing history →

Source: SEC EDGAR

accession 0000040533-23-000025

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