secwatch.observer — SEC 8-K summary
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Issuer:     Leidos Holdings, Inc. (LDOS)
CIK:        0001336920
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001336920-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leidos Q1 revenue $4.0B (+7% YoY), net income $283M; raises full-year guidance
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- Revenue $4.0B, up 7% YoY; net income $283M ($2.07 diluted EPS) vs $164M ($1.17).
- Non-GAAP diluted EPS $2.29 (+56% YoY); adjusted EBITDA $490M (12.3% margin).
- Net bookings $3.7B; book-to-bill 0.9 for quarter, 1.1 on trailing twelve months.
- Cash from ops $63M, free cash flow $46M; strong start to fiscal year.
- Raises full-year guidance on all metrics citing visibility and performance ahead of plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1336920/000133692024000034/0001336920-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1336920/000133692024000034/ldos-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001336920-24-000034

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