An announcement from Leonardo Drs ( (DRS) ) is now available.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Leonardo DRS, Inc. reported impressive third-quarter 2024 financial results, with a 16% year-over-year revenue increase to $812 million and a 21% rise in net earnings to $57 million. The company saw growth across all key metrics, including a substantial backlog of $8.3 billion, up 75%. Strong bookings and operational performance drove this success, positioning Leonardo DRS for continued growth in the defense technology sector.
See more data about DRS stock on TipRanks’ Stock Analysis page.