Leidos (LDOS) Misses Q2 EPS by 5c; Boosts FY16 EPS Outlook

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Go back to Leidos (LDOS) Misses Q2 EPS by 5c; Boosts FY16 EPS Outlook

Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2016 Results

July 28, 2016 6:01 AM EDT

RESTON, Va., July 28, 2016 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a national security, health and infrastructure solutions company, today reported financial results for the second quarter of fiscal year 2016.

Roger Krone, Leidos Chairman and Chief Executive Officer commented: "Our second quarter results were in-line with our expectations and reflect strong organic growth in both of our business segments. Cash generation was also as expected, culminating in a strong balance sheet ahead of our impending transaction with IS&GS. I am excited by the progress we are making in driving growth,... More