Amentum Holdings, Inc. ( (AMTM) ) has released its Q1 earnings. Here is a breakdown of the information Amentum Holdings, Inc. presented to its investors.
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Amentum Holdings, Inc. is a global leader in advanced engineering and technology solutions, serving clients in sectors such as science, security, and sustainability. Headquartered in Chantilly, Virginia, the company operates in approximately 80 countries.
Amentum Holdings, Inc. has reported its first-quarter financial results for fiscal year 2025, revealing a strong start with revenue growth and solid financial performance. The company has reaffirmed its full-year guidance, demonstrating confidence in achieving its fiscal goals.
In the first quarter, Amentum achieved revenues of $3.4 billion, marking a 2.3% growth on a pro forma basis. The company reported a net income of $12 million and an adjusted EBITDA of $262 million. Noteworthy contract awards included significant deals with the U.S. Department of Energy and the Department of Defense, positioning the company for continued growth.
Amentum’s backlog increased significantly to $45 billion, primarily due to the acquisition of CMS, showcasing robust future revenue potential. The company’s operational cash flow was strong, with $110 million generated in the quarter, supporting a free cash flow of $102 million.
Looking ahead, Amentum maintains a positive outlook for fiscal year 2025, with anticipated revenues between $13.8 billion and $14.2 billion, and an adjusted EBITDA ranging from $1.06 billion to $1.1 billion. The company aims to drive long-term value for shareholders through strategic growth initiatives and solid financial management.
