Perspecta Inc. Q2 adjusted earnings of $0.45 per share

Perspecta Inc. (PRSP) released a profit for second quarter that decreased from the same period last year.

The company’s bottom line totaled $24 million, or $0.14 per share. This compares with $40 million, or $0.28 per share, in last year’s second quarter.

Excluding items, Perspecta Inc. reported adjusted earnings of $74 million or $0.45 per share for the period.

The company’s revenue for the quarter rose 0.9% to $1.07 billion from $1.06 billion last year.

Perspecta Inc. earnings at a glance:

-Earnings (Q2): $74 Mln. vs. $73 Mln. last year.
-EPS (Q2): $0.45 vs. $0.44 last year.
-Revenue (Q2): $1.07 Bln vs. $1.06 Bln last year.

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