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Aerojet Rocketdyne: 2Q Earnings Snapshot

August 1, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AJRD at https://www.zacks.com/ap/AJRD

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