Lyntris Reports Third-Quarter Revenue of $194.43 Million, EPS Loss of $0.03
Revenue rose 90.4% year over year and the net loss narrowed. Gross margin declined as low-rate production programs accounted for a larger share of activity.
Lyntris’ third-quarter revenue rose 90.4% year over year, while its net loss narrowed. Organic growth across all three core missions drove the increase; gross margin declined as low-rate production programs made up a larger share of activity.Financial Highlights¹ Reported as “Revenue”. ² Reported a…