Leidos Holdings, Inc. Reports First Quarter Fiscal Year 2018 Results

 



Three Months Ended March 30, 2018



As reported


Acquisition and integration costs


Amortization
of intangibles


Restructuring expenses


Amortization of equity method investment


Asset impairment charges


Non-GAAP results

Income before income
  taxes


$

125



$

11



$

50



$

6



$

3



$

7



$

202


Depreciation expense


13













13


Amortization expense


53





(50)





(3)






Interest expense, net


34













34


EBITDA


$

225



$

11



$



$

6



$



$

7



$

249


EBITDA margin


9.2

%












10.2

%


















(1) Calculation uses an estimated statutory tax rate on non-GAAP tax deductible adjustments.








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