Aerojet Rocketdyne: 2Q Earnings Snapshot
EL SEGUNDO, Calif. (AP) _ Aerojet Rocketdyne Holdings Inc. (AJRD) on Wednesday reported second-quarter net income of $44.1 million.
On a per-share basis, the El Segundo, California-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring gains, came to 50 cents per share.
The aerospace and defense company posted revenue of $485 million in the period.
Aerojet Rocketdyne shares have increased 21% since the beginning of the year. The stock has increased 27% in the last 12 months.