HII Q2 rev $2.8B (+4.7%), EPS $3.27 (down 26%), FCF $14M (down 93%)

HUNTINGTON INGALLS INDUSTRIES, INC.

2023-Q2 EPS reported $6.49 revenue$5,461,000,000

Record Q2 revenue of $2.8B, up 4.7% YoY driven by Newport News Shipbuilding and Mission Technologies growth.
Net earnings $130M ($3.27 diluted EPS) vs $178M ($4.44 EPS) in Q2 2022; operating income down to $156M from $191M.
Free cash flow plunged to $14M from $208M in prior-year quarter; cash from operations $82M vs $267M.
New contract awards $2.6B in Q2, total backlog $46.9B; reaffirmed FY23 guidance for shipbuilding, Mission Technologies, and free cash flow.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

HUNTINGTON INGALLS INDUSTRIES, INC. reported the quarter ended June 30, 2023 results: revenue $2.8 billion, net income $130 million, EPS $3.27 diluted earnings per share. Guidance reaffirmed.

Period: the quarter ended June 30, 2023
Revenue: $2.8 billion
Net income: $130 million
EPS: $3.27 diluted earnings per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

202-264-7108 Christie Thomas (Investors) christie.thomas@hii-co.com 757-380-2104 HII Reports Second Quarter 2023 Results • Record second quarter revenues of $2.8 billion, up 4.7% compared to second quarter 2022 • Net earnings of $130 million or $3.27 diluted earnings per share • Company reaffirms shipbuilding and Mission Technologies FY23

View on SEC.gov

Browse all earnings releases →

HUNTINGTON INGALLS INDUSTRIES, INC. filing history →

Source: SEC EDGAR

accession 0001501585-23-000024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.