Amentum Holdings, Inc. ( (AMTM) ) has released its Q3 earnings. Here is a breakdown of the information Amentum Holdings, Inc. presented to its investors.
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Amentum Holdings, Inc. is a global leader in advanced engineering and innovative technology solutions, providing services in science, security, and sustainability sectors, with a strong presence across 80 countries.
In its latest earnings report for the third quarter of fiscal year 2025, Amentum Holdings, Inc. announced a revenue of $3.6 billion, reflecting a 2% growth on a pro forma basis, alongside a net income of $10 million and an adjusted EBITDA of $274 million. The company also raised its full-year organic guidance, signaling confidence in its operational strategy and market position.
Key financial highlights include a 66% year-over-year increase in GAAP revenues, primarily due to the integration of Jacobs’ Critical Mission Solutions and Cyber & Intelligence businesses. The company’s backlog has grown to $44.6 billion, showcasing strong future revenue potential. Amentum also reported a significant reduction in net debt to $3.8 billion, enhancing its financial flexibility.
Strategically, Amentum completed the divestiture of its Rapid Solutions business, generating $360 million in cash, and secured several substantial contracts, including a $4 billion contract with the United States Space Force and a CAD $1.2 billion annual contract with Canadian Nuclear Laboratories. These developments are expected to bolster the company’s growth trajectory.
Looking ahead, Amentum remains optimistic about its ability to deliver long-term value, supported by strategic growth initiatives and favorable market conditions. The company’s management anticipates continued financial strength and operational success as it progresses into the next quarter.
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