Leidos (LDOS) Tops Q1 EPS by 9c

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Leidos Holdings, Inc. Reports First Quarter Fiscal Year 2017 Results

May 4, 2017 6:00 AM EDT

RESTON, Va., May 4, 2017 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a global science and technology solutions company, today reported financial results for the first quarter of fiscal year 2017.

Roger Krone, Leidos Chairman and Chief Executive Officer, commented: "The Company had a good start to the year with first quarter performance exceeding our expectations on revenue, margins and earnings per share. The diverse mix of our business, as well as our focus on execution of both customer programs and cost reduction initiatives, enabled these strong results, and reinforces our confidence... More