Industrials
Aerospace & Defense
$40.48B
50K
Key insights and themes extracted from this filing
Q3 revenue reached $5.292B, up 8% YoY, primarily due to a full quarter of revenue from the AJRD acquisition in the AR segment, compared to a partial quarter in the prior year. This was partially offset by lower revenues in other segments.
Gross margin was 26.8% of revenue, compared to 26.6% in the prior year. While revenue increased, the gross margin percentage remained relatively flat year-over-year.
Diluted EPS was $2.10, up 4% YoY, primarily due to higher net income resulting from the increase in gross margin, partially offset by an increase in G&A expenses.