Leidos Holdings Beats Q3 Earnings Estimates, Revenue Surpasses Expectations

Leidos Holdings Inc reported Q3 FY25 earnings with $4.5 bln revenue, up 7% YoY, and $369 mln net income, beating estimates. The company secured $5.9 bln in new business awards and raised its full-year guidance for non-GAAP diluted EPS to $11.45-$11.75. A strong backlog of $47.7 bln positions Leidos well for sustained future performance.