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Leidos Holdings, Inc. (LDOS) CEO Roger Krone on Q1 2020 Results - Earnings Call Transcript

May 05, 2020 12:21 PM ETLeidos Holdings, Inc. (LDOS)
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Leidos Holdings, Inc. (NYSE:LDOS) Q1 2020 Results Conference Call May 5, 2020 8:00 AM ET

Company Participants

Peter Berl - Investor Relations

Roger Krone - Chairman and Chief Executive Officer

James Reagan - Chief Financial Officer

Conference Call Participants

Jon Raviv - Citi

Matt Akers - Barclays

Robert Spingarn - Credit Suisse

Cai von Rumohr - Cowen and Company

Edward Caso - Wells Fargo Securities

Seth Seifman - JPMorgan

Sheila Kahyaoglu - Jefferies


Greetings. Welcome to the Leidos First Quarter 2020 Earnings Call. At this time, all participants will be in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded.

At this time, I will turn the conference over to Peter Berl, Investor Relations. Mr. Berl, you may begin.

Peter Berl

Thank you, Rob and good morning, everyone. I would like to welcome you to our first quarter 2020 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 April 3, 2020. Roger will lead off the call with notable highlights from the quarter as well as comments 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 will 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 release for more information on the specific Risk Factors that could cause actual results to differ materially.

Finally, during the call, we will discuss GAAP and non-GAAP financial measures. A reconciliation between

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