Leidos (LDOS) Reports In-Line Q1 EPS; Lowers FY20 EPS/Revenue Guidance

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Leidos Holdings, Inc. Reports First Quarter Fiscal Year 2020 Results

May 5, 2020 6:00 AM EDT

RESTON, Va., May 5, 2020 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE: LDOS), a FORTUNE 500® science and technology leader, today reported financial results for the first quarter of fiscal year 2020.  

Roger Krone, Leidos Chairman and Chief Executive Officer, commented: "First quarter results demonstrated the resiliency of our business, as evidenced by strong pro-forma organic revenue growth across all business segments, significant bookings and a new record backlog position. While the COVID-19 pandemic presented some late quarter headwinds, we are confident that the critical nature of our work, coupled with our early business contingency planning,... More