October 31, 2024
HII Reports Third Quarter 2024 Results
NEWPORT NEWS, Va. (Oct. 31, 2024) — HII (NYSE: HII) today reported results for the third quarter of fiscal 2024 and provided an update on its outlook.
Highlights
- Third quarter revenues were $2.7 billion
- Third quarter net earnings were $101 million or $2.56 diluted earnings per share
- Third quarter free cash flow1 was $136 million
- Company is providing updated fiscal 2024 outlook
- Company is withdrawing 5-year free cash flow1 outlook
1 Non-GAAP measures. See Exhibit B for definitions and reconciliations.
Read below for HII’s third quarter 2024 results.
Download the pdf
MEDIA
CONTACT
Brooke Hart (Media)
brooke.hart@hii-co.com
202-264-7108
Christie Thomas (Investors)
christie.thomas@hii-co.com
757-380-2104
General Inquiries:hii_communications@hii-co.comSign Up For Email Alerts
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong.
Sign Up for Updates
Enter your email to receive news updates and insights.
By subscribing you agree to our Privacy Policy and provide consent to receive updates from HII.