Huntington Ingalls Industries (HII) Tops Q1 EPS by 28c

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Go back to Huntington Ingalls Industries (HII) Tops Q1 EPS by 28c

HII Reports First Quarter 2022 Results

May 5, 2022 7:15 AM EDT

Revenues were $2.6 billion in the quarterNet earnings of $140 million, $3.50 diluted earnings per shareDelivered Virginia-class submarine Montana (SSN 794)Delivered amphibious transport dock Fort Lauderdale (LPD 28)Company reaffirms FY22 revenue, margin and free cash flow1 guidance

NEWPORT NEWS, Va., May 05, 2022 (GLOBE NEWSWIRE) -- HII (NYSE: HII) reported first quarter 2022 revenues of $2.6 billion, up 13.1% from the first quarter of 2021, primarily driven by revenue attributable to the acquisition of Alion Science and Technology (Alion) in the third quarter of 2021.

Operating income in the first... More