Leidos (LDOS) shares dipped on Tuesday after a six-week government shutdown weighed on its quarterly revenue. Despite the sales miss, the defense giant beat profit expectations and announced a massive $2.4 billion acquisition of Entrust to double its energy business and fuel its “NorthStar 2030” growth strategy.
Leidos Holdings Inc (NYSE:LDOS) stock slid on Tuesday after the company reported its fourth-quarter results and guidance.
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The company reported a 4% year-over-year (Y/Y) decline in quarterly revenue to $4.21 billion, missing the analyst consen… [2211 chars]
Source: Benzinga | Published: 2026-02-17T20:13:35Z
Credit: Benzinga
