
Leidos [LDOS] on Thursday reported a drop in net income in its third quarter due to higher taxes while sales jumped up due to an acquisition a year ago.Net income fell 10 percent to $82 million, 53 cents earning per share (EPS), from $91 million (80 cents EPS) a year ago, as Leidos was hit with $37 million in tax expense versus a $17 million benefit last year.Excluding various amortization, acquisition and integration, and restructuring costs from the two periods,…