Leidos Holdings, Inc. (LDOS) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings. Welcome to LIDO's first quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. Please note, this conference is being recorded. At this time, I'll turn the conference over to Stuart Davis from Investor Relations. Stuart, you may begin. Thank you, and good morning, everyone. I'd like to welcome you to our first quarter fiscal year 2025 earnings conference call. Joining me today are Tom Bell, our CEO, and Chris Cage, our chief financial officer. Today's call is being webcast on the investor relations portion of our website, where you'll also find the earnings release and supplemental financial presentation slides that we'll use during today's call. Turning to slide two of the presentation, Today's discussion contains forward-looking statements based on the environment as we currently see it, and as such, includes risks and uncertainties. Please refer to our press release for more information on the specific risk factors that could cause actual results to differ materially. Finally, as shown on slide three, during the call we'll discuss GAAP and non-GAAP financial measures. A reconciliation between the two is included in today's press release and presentation slides. With that, I'll turn the call over to Tom Bell. We'll begin on slide four. Thank you, Stuart, and thank you all for joining us. Today I'm pleased to report a strong Q1 for Leidos, once again delivering above plan revenue, EBITDA, and EPS. In this excellent quarter for Leidos, Our organic revenue increased 7% year over year. Adjusted EBITDA margins improved again to 14.2%. And non-GAAP diluted earnings per share rose 30%. This strong start to 2025 builds on the significant momentum we ...