Leidos said fourth-quarter revenue was $4,365 million and full-year 2023 revenue was $16,662 million, up 10% and 8% year over year, respectively. Full-year net income was $1,251 million, and diluted earnings per share were $9.22.

1. 01

   Leidos said fourth-quarter revenue was $4,365 million and full-year 2023 revenue was $16,662 million, up 10% and 8% year over year, respectively. Full-year net income was $1,251 million, and diluted earnings per share were $9.22.

2. 02

   The company said its full-year net income margin rose to 7.5% from 1.3% in fiscal 2023. It said fiscal 2023 included pre-tax impairment and restructuring charges related to its Security Enterprise Solutions (SES) reporting unit.

3. 03

   Leidos said full-year net cash provided by operating activities was $1.39 billion and free cash flow was $1.24 billion. It returned $459 million to shareholders in Q4, including $406 million in share repurchases and $53 million in regular quarterly cash dividends.

4. 04

   The company said its backlog at the end of fiscal 2024 was $43.6 billion, of which $8.4 billion was funded. It also gave fiscal 2025 guidance of revenue of $16.9 to $17.3 billion and non-GAAP diluted earnings per share of $10.35 to $10.75.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. 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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