Leidos Holdings Trading Volume Drops 38.31% to $249 Million Ranking 391st in Market

On May 7, 2025, Leidos Holdings (LDOS) experienced a significant decline, with its trading volume dropping by 38.31% to $249 million, placing it at the 391st position in the day's stock market rankings. The stock price decreased by 0.02%.

Leidos reported robust financial performance for the first quarter of 2025, with revenue growing by 7% year-over-year and earnings per share (EPS) surging by 30%. The company's adjusted EBITDA margin improved to 14.2%, reflecting strong operational efficiency. This performance was driven by major defense contract wins and a 14.2% EBITDA margin, indicating a solid financial foundation.

During the earnings call, Leidos highlighted a net booking of $2.1 billion for the first quarter, with adjustments to the backlog to reflect the expected value of single-award IDIQs. The company's backlog is projected to increase by 1.4% year-over-year to $37.07 billion, suggesting continued growth and stability in its contract pipeline.

Leidos' strategic initiatives, including the NorthStar 2030 strategy, have been reaffirmed, with revenue reaching $4.25 billion in Q1 2025, up 7% year-over-year. The adjusted EBITDA for the quarter was $601 million, marking a 23% increase year-over-year. These results underscore Leidos' commitment to long-term growth and financial discipline.