The company said its revenue for Q3 2024 rose to $5,292 million, up 8%, and that operating income was $495 million, with an operating margin of 9.4%. The company cited the acquisition of Aerojet Rocketdyne and 5% organic growth as drivers of the revenue increase.

1. 01

   The company said its revenue for Q3 2024 rose to $5,292 million, up 8%, and that operating income was $495 million, with an operating margin of 9.4%. The company cited the acquisition of Aerojet Rocketdyne and 5% organic growth as drivers of the revenue increase.

2. 02

   The company said its adjusted segment operating margin for Q3 expanded by 70 basis points to 15.7%. Diluted EPS was $2.10, up 4%, and non-GAAP diluted EPS was $3.34, up 5%.

3. 03

   The company said cash from operations for Q3 rose 44% to $780 million, and adjusted free cash flow rose 18% to $728 million. It cited net income growth and lower capital expenditures as factors, partly offset by the timing of working capital.

4. 04

   The company raised its 2024 revenue outlook to $21.1B to $21.3B from $21.0B to $21.3B, and its non-GAAP diluted EPS outlook to $12.95 to $13.15 from $12.85 to $13.15. It said it updated its LHX NeXt cost savings target for 2024 to at least $600 million.

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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