Orbital ATK (OA) Misses Q1 EPS by 17c; Reaffirms Outlook

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Go back to Orbital ATK (OA) Misses Q1 EPS by 17c; Reaffirms Outlook

Orbital ATK Announces First Quarter 2016 Financial Results

May 5, 2016 6:00 AM EDT

New Business Volume Totals $3.2 Billion In The Quarter

Company Reaffirms Full-Year Financial Guidance

DULLES, Va.--(BUSINESS WIRE)-- Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, today announced financial results for the first calendar quarter ended April 3, 2016.

Orbital ATK reported GAAP revenues of $1,065 million for the first quarter of 2016, compared to $970 million in the comparable period of 2015. GAAP income from continuing operations, before interest, income taxes and noncontrolling interest (which we refer to as operating income) was $115.9 million,... More