FinanceQuartzabout 1 hour ago
Northrop Grumman Beats Profit, Misses Revenue
2 min read
Northrop Grumman reported net earnings of $1.1 billion, or $7.67 per share, for the third quarter. While sales rose 7% to $11.12 billion, the company missed revenue by $20 million. The firm raised its full-year earnings outlook to $29.35 to $29.75 and increased its backlog to $109.6 billion.
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