InnovAge Posts Mixed Results; Lockheed Martin Bags $841.4M+ Contract Modification
- September 12th, 2023
- 452 views
InnovAge Holding Corp. (Nasdaq: INNV), a healthcare company, posted a fourth-quarter fiscal 2023 loss of $(0.09) per share, falling short of the consensus estimate loss of $(0.03). Nevertheless, the company reported quarterly sales of $176.87 million, surpassing analysts' revenue projection of $173.58 million for the period.
$INNV was trading at $6.17 in after-hours, down $0.33 (-5.08%).
In other news, Lockheed Martin Corp. (NYSE: LMT) secured an $841,490,130 firm-fixed-price, cost-plus-incentive-fee contract modification, which includes non-recurring site activation, initial sustainment, and related administrative support for the F-35 Joint Strike Fighter program. This modification serves the Air Force, Marine Corps, Navy, Foreign Military Sales customers, and non-Department of Defense participants. The contract is managed by the Naval Air Systems Command in Patuxent River, Maryland.
In after-hours, $LMT was trading at $418.24, up $0.41 (+0.10%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP National Football Conference Names David Dalton Head Coach of Salt Lake Yeti
February 06th, 2026FDA Takes New Approach to "No Artificial Colors" Claims
February 06th, 2026NJCP National Football Conference Announces Micah Deckart as Head Coach of the Idaho Outlaws
February 05th, 2026
Member Login