Huntington Ingalls Industries (HII) Tops Q4 Voews

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Huntington Ingalls Industries Reports Fourth Quarter and Full Year 2016 Results

February 16, 2017 7:35 AM EST

Revenues of $1.9 billion in the quarter; $7.1 billion in 2016Operating margin of 13.9% in the quarter; 12.1% in 2016Diluted earnings per share of $4.20 in the quarter; $12.14 in 2016Cash from operations of $822 million and free cash flow1 of $537 million in 2016

NEWPORT NEWS, Va., Feb. 16, 2017 (GLOBE NEWSWIRE) -- Huntington Ingalls Industries (NYSE: HII) reported fourth quarter 2016 revenues of $1.9 billion, up 0.9 percent from the fourth quarter of 2015. Operating income in the quarter was $268 million and operating margin was 13.9 percent, compared to $144 million and 7.6 percent, respectively, in the fourth quarter of 2015. Diluted earnings... More