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
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Brooke Hart (Media)
brooke.hart@hii-co.com
202-264-7108
Christie Thomas (Investors)
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757-380-2104
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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.
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