Global Defense Technology & Systems, Inc. GTEC today announced its third quarter 2010 financial results.
Revenue for the third quarter 2010 was $55.4 million. The Company's revenue from the Technology and Intelligence Services (TIS) and Force Mobility and Modernization Systems (FMMS) segments was $25.7 million and $29.7 million, respectively.
Total segment operating income was $5.2 million, or 9.5% of segment revenues. Unallocated corporate expenses totaled $2.5 million. This resulted in operating income for the third quarter 2010 of $2.8 million, or 5.0% of revenue. Diluted earnings per share (EPS) was $0.22 and was benefitted by an anticipated $0.04 per share one-time tax benefit related to a legal reorganization to utilize an existing net operating loss.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in