Aerospace firm Common Dynamics (NYSE: GD) introduced monetary outcomes for the third quarter of 2024, reporting a rise in revenues and revenue.
Third-quarter income elevated 10% year-over-year to $11.7 billion, with sturdy contributions from the Aerospace and Marine Methods segments. The working margin was 10.1%, up 10 foundation factors from the year-ago quarter.
Web earnings elevated to $930 million or $3.35 per share within the September quarter from $836 million or $3.04 per share within the year-ago quarter.
“The company continues to see strong growth and steady improvement in operating performance. Demand across the portfolio also remains strong in the current environment,” stated Phebe Novakovic, CEO of Common Dynamics.
