Amentum's Q4 Surge: 21% Share Increase

Amentum Holdings, a government services company, reported robust financial results for Q4, with a net income of $40 million and earnings of $0.63 per share, surpassing Wall Streets expectations. The company also exceeded revenue forecasts, reporting $3.93 billion for the quarter. For the full year, Amentum turned a profit of $66 million, with total revenue of $14.39 billion. Looking ahead, Amentum projects full-year earnings of $2.25-$2.45 per share and revenue between $13.95-$14.3 billion, leading to a 21% share increase since the start of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.