Amentum Holdings, Inc. ( (AMTM) ) has released its Q2 earnings. Here is a breakdown of the information Amentum Holdings, Inc. presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Amentum Holdings, Inc. is a global leader in advanced engineering and technology solutions, serving sectors such as science, security, and sustainability. Headquartered in Chantilly, Virginia, the company employs over 53,000 people across approximately 80 countries.
In its second quarter fiscal year 2025 earnings report, Amentum Holdings, Inc. reported revenues of $3.5 billion, reflecting a 1% growth on a pro forma basis. The company also announced a net income of $4 million and an adjusted EBITDA of $268 million, alongside a backlog of $45 billion.
Key financial highlights include a 70% year-over-year increase in GAAP revenues, primarily due to the integration of Jacobs’ Critical Mission Solutions and Cyber & Intelligence businesses. The company also saw a 3% increase in pro forma adjusted EBITDA, driven by growth in its Digital Solutions segment. Notably, Amentum secured over $1 billion in intelligence contracts and was selected as the program manager for the Sizewell C nuclear power station in the UK.
Amentum’s strategic moves include the divestiture of its Rapid Solutions business for $360 million, expected to close in the second half of 2025. The company reaffirmed its fiscal year 2025 guidance, projecting revenues between $13.85 billion and $14.15 billion and adjusted diluted EPS between $2.00 and $2.20.
Looking ahead, Amentum’s management remains focused on delivering differentiated value and driving long-term growth through disciplined execution, while maintaining financial flexibility to adapt to market demands.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue