secwatch.observer — SEC 8-K summary
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Issuer:     Leidos Holdings, Inc. (LDOS)
CIK:        0001336920
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001336920-23-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leidos Q3 net loss $396M on goodwill impairment; non-GAAP EPS $2.03, revenues up 9%, guidance raised
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- Revenues $3.92B (up 9% YoY); net loss $396M ($2.91/sh) includes $623M goodwill impairment.
- Adjusted EBITDA $451M (11.5% margin); non-GAAP diluted EPS $2.03 (+28% YoY).
- Record operating cash flow $795M; free cash flow $745M; net bookings $7.9B (book-to-bill 2.0x).
- Company raising FY2023 guidance for all financial metrics; backlog at all-time high.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336920/000133692023000059/0001336920-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336920/000133692023000059/ldos-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001336920-23-000059

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