Reports Q1 revenue $3.7B, consensus $3.65B. Reports Q1 net bookings of $3B. Roger Krone, Leidos chairman and CEO, commented, "Our first quarter results demonstrate our ability to drive strong organic growth, as record revenue performance was consistent with our long-term target. We expect earnings and cash performance to build momentum as we progress through the year and are fully committed to achieving our 2023 guidance. As I step down as CEO, I am confident that Leidos is truly the leader in our industry, with unmatched talent, technical depth and market-facing solutions. Our dedicated team is at the forefront of our customers’ most challenging missions as we make the world safer, healthier and more efficient."
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