Leidos Reports Q3 Revenue Growth, Raises FY Guidance

Leidos reported Q3 FY25 revenues of $4.47 billion, up 7% YoY, and net income of $369 million or $2.82 per diluted share. Adjusted EBITDA was $616 million, and non-GAAP diluted EPS was $3.05, up 4% YoY. The company raised its full-year guidance, citing the strength of its portfolio and the innovation of its workforce.