The company reported revenue of $3.0 billion for Q2 2024, up 6.8% from a year earlier, with operating income of $189 million, net earnings of $173 million, and diluted earnings per share of $4.38.

1. 01

   The company reported revenue of $3.0 billion for Q2 2024, up 6.8% from a year earlier, with operating income of $189 million, net earnings of $173 million, and diluted earnings per share of $4.38.

2. 02

   The company said segment operating income for Mission Technologies was $36 million for Q2 ($9 million a year earlier), and segment operating income for Ingalls Shipbuilding was $56 million ($65 million a year earlier).

3. 03

   The company said it used net cash in operating activities of $9 million in Q2, and free cash flow was negative $99 million. In the year-earlier quarter, it had provided $82 million of operating cash and free cash flow of $14 million.

4. 04

   The company said it reaffirmed its previously issued shipbuilding outlook and raised its Mission Technologies revenue guidance range to $2.75B to $2.8B. Its full-year free cash flow outlook is $600M to $700M.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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