General Dynamics Q3 revenue $10.6B (+6% YoY), EPS $3.04, record backlog $95.6B

GENERAL DYNAMICS CORP

Net earnings $836M; diluted EPS $3.04; revenue $10.6B, up 6% YoY.
Operating cash flow $1.3B (158% of net earnings); free cash flow $1.1B.
Backlog hit record $95.6B; book-to-bill 1.4-to-1; Aerospace backlog $20.1B.
Significant awards: three Flight III destroyers, $1.5B Virginia-class subs, $1.1B munitions contract.
Repaid $500M in notes; paid $363M dividends; repurchased $56M shares.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.92

GENERAL DYNAMICS CORP reported the quarter ended October 1, 2023 results: revenue $10.6 billion, net income $836 million, EPS $3.04.

Period: the quarter ended October 1, 2023
Revenue: $10.6 billion
Net income: $836 million
EPS: $3.04
Result: reported results

Exact text from the filing

20190 News www.gd.com Contact: Jeff A. Davis Tel: 703 876 3483 press@generaldynamics.com General Dynamics Reports Third-Quarter 2023 Financial Results October 25, 2023 • Revenue $10.6 billion, up 6% year over year • Net earnings $836 million, diluted EPS $3.04 • $1.3 billion net cash provided by operating activities • Record-high $95.6 billion backlog, 1.4-to-1

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Source: SEC EDGAR

accession 0000040533-23-000068

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