Amentum FY2024 revenue rises 7% to $8.4 billion; affirms FY2025 guidance
Amentum reported fiscal 2024 GAAP revenue of $8.4 billion, up 7%, and cut its GAAP net loss to $82 million from $314 million a year earlier. The company affirmed its fiscal 2025 guidance, including revenue of $13.8 billion to $14.2 billion and adjusted diluted EPS of $2.00 to $2.20, following its merger with Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses.
- GAAP revenue was $8,388 million for the year ended September 27, 2024, up 7% from $7,865 million.
- GAAP net loss attributable to common shareholders narrowed to $82 million, or $0.90 per share, from $314 million, or $3.49 per share.
- Pro forma adjusted EBITDA rose 7% to $1,052 million; pro forma revenue was $13,858 million, up 4%.
- Fiscal 2025 guidance affirmed: revenue $13,800 million to $14,200 million; adjusted diluted EPS $2.00 to $2.20.