Leidos (LDOS) Tops Q4 EPS by 2c, Revenues Miss; Offers FY21 EPS/Revenue Guidance Below Consensus
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Leidos Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2020 Results
February 23, 2021 6:00 AM ESTRESTON, Va., Feb. 23, 2021 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a FORTUNE 500® science and technology leader, today reported financial results for the fourth quarter and fiscal year 2020.
Roger Krone, Leidos Chairman and Chief Executive Officer, commented: "Fourth quarter results reflect the resilience of our growing portfolio with new record levels of revenue and backlog, coupled with margin expansion and further balance sheet optimization. This performance positions us for above-market growth in 2021, fueled by our talented diverse workforce who continue to engineer and deliver technologically innovative and secure solutions for our... More
