Lockheed Martin Corporation (NYSE: LMT) Tuesday reported an increase in sales and profit for the first quarter of 2025.
The aerospace company reported net sales of $18.0 billion for the first three months of fiscal 2025, which is up 4% from the same period of 2024.
Net income increased to $1.71 billion or $7.28 per share in the March quarter from$1.55 billion or $6.39 per share in the prior-year quarter. The company returned $1.5 billion of cash to shareholders through dividends and share repurchases during the quarter.
“We remain committed to realizing our vision of digital and interoperable systems and are aligning our mission roadmaps to best support our customers’ rapidly evolving security needs, both domestic and global,” said Lockheed Martin’s CEO Jim Taiclet.
(this story will be updated shortly with infographic)
The post LMT Earnings: A snapshot of Lockheed Martin’s Q1 2025 financial results first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
