secwatch.observer — SEC 8-K summary
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Issuer:     Leidos Holdings, Inc. (LDOS)
CIK:        0001336920
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001336920-22-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leidos Q1 FY2022 revenue $3.5B (+5% YoY), net income $177M, record backlog $36.3B
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- Revenue $3.5B, up 5% YoY; net income $177M; diluted GAAP EPS $1.25.
- Adjusted EBITDA $358M (10.2% margin); non-GAAP diluted EPS $1.58.
- Net bookings $5.4B (book-to-bill 1.6); backlog record $36.3B.
- Cash from operations $93M; free cash flow $65M.
- CEO cites strong start to 2022, record revenue and backlog, confident in full-year goals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336920/000133692022000022/0001336920-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336920/000133692022000022/ldos-20220503.htm
  HTML page:      https://secwatch.observer/filing/0001336920-22-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer