Leonardo DRS Reports Strong Q1 Results and Raises Full-Year Guidance
Leonardo DRS reported first-quarter results exceeding internal expectations, with $846 million in revenue (+6% YoY), adjusted EBITDA of $105 million (margin expansion to 12.4%), and adjusted EPS of $0.26. The company raised its full-year guidance for revenue, EBITDA, and diluted EPS due to strong performance across segments and robust demand.
Tickers: $DRS
Topics: contract_wins financial_performance guidance_upgrade segment_profitability