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Leidos Holdings (LDOS) Q1 2018 Results - Earnings Call Transcript

May 03, 2018 1:21 PM ETLeidos Holdings, Inc. (LDOS)
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Leidos Holdings, Inc. (NYSE:LDOS) Q1 2018 Earnings Call May 3, 2018 7:30 AM ET


Kelly Freeman - Leidos Holdings, Inc.

Roger A. Krone - Leidos Holdings, Inc.

James C. Reagan - Leidos Holdings, Inc.


Jon Raviv - Citigroup Global Markets, Inc.

Cai von Rumohr - Cowen and Company, LLC

Noah Poponak - Goldman Sachs & Co. LLC

Krishna Sinha - Vertical Research Partners LLC

Edward S. Caso - Wells Fargo Securities LLC

Greg Konrad - Jefferies LLC

Joseph William DeNardi - Stifel, Nicolaus & Co., Inc.

Tobey Sommer - SunTrust Robinson Humphrey, Inc.

Brian Ruttenbur - Drexel Hamilton LLC


Greetings and welcome to Leidos First Quarter 2018 Earnings Results. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded.

I would now like to turn the conference over to Kelly Freeman, Director, Investor Relations. Please go ahead.

Kelly Freeman - Leidos Holdings, Inc.

Thank you, Rob, and thank you, everyone. Good morning. I'd like to welcome you to our first quarter 2018 earnings conference call. Joining me today are Roger Krone, our Chairman and CEO; Jim Reagan, our Chief Financial Officer; and other members of the Leidos management team.

Today, we will discuss our results for the quarter ending March 30, 2018. Roger will lead off the call with notable highlights from the quarter as well as comment on the market environment and our company's strategy. Jim will follow with a discussion of our financial performance and our guidance expectations. After these remarks from Roger and Jim, we'll open the call for your questions.

Today's discussion contains forward-looking statements based on the environment as we currently see it and as such does include risks and uncertainties. Please refer to our press

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