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Amentum Reports Increased Earnings, Cites Nuclear Biz

Wayne Barber
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Earnings rose at Amentum [AMTM] in its second quarter, which the government contractor partly attributed Wednesday to demand for nuclear work and divestiture of a non-core asset. Net earnings for the second quarter ended March 28 were $4 million, or $0.02 a share, up from a loss of $41 million or $0.46 a share, in the year-ago quarter. Quarterly revenue was $3.5 billion, up year-over-year from $2.1 billion. That’s according to the financial results press release issued early Wednesday morning by Amentum.…

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