Amentum Holdings Inc. Reports 70% Sales Surge, Swings to $4M Net Income, EPS Rises to $0.02

Reuters
05-07
Amentum Holdings Inc. Reports 70% Sales Surge, Swings to $4M Net Income, EPS Rises to $0.02

Amentum Holdings Inc. reported its second quarter fiscal year 2025 results, showcasing a significant 70% increase in revenues, reaching $3.491 billion compared to $2.051 billion in the same period last year. This rise was primarily driven by the integration of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses. The company also reported a net income of $4 million, a notable improvement from a net loss of $41 million in the previous year. Diluted earnings per share improved to $0.02 from a loss of $0.46 per share. Amentum's operating income also rose by 24% to $110 million, up from $89 million in the prior year. In addition to these financial results, Amentum highlighted its recent divestiture of Rapid Solutions, which is expected to enhance the company's financial flexibility. The company's backlog stands at $45 billion, reflecting a stable demand across its markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amentum Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250506495201) on May 06, 2025, and is solely responsible for the information contained therein.

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