UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 28, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-42176 Amentum Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 99-0622272 (State or other jurisdi ...

Amentum Holdings (AMTM) Q2 2025 Earnings Call May 07, 2025 08:30 AM ET Company Participants Nathan Rutledge - SVP - Head of IRJohn Heller - CEOTravis Johnson - CFOTobey Sommer - Managing DirectorSteve Arnette - COOColin Canfield - DirectorKen Herbert - Managing DirectorKristine Liwag - Executive Director Conference Call Participants Andre Madrid - VP - Aerospace and Defense AnalystNoah Poponak - Research Analyst Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome to Amentum S ...

Amentum Holdings (AMTM) Q2 2025 Earnings Call May 07, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. Good morning, and welcome to Amentum Second Quarter Fiscal Year twenty twenty five Earnings Conference Call. Today's call is being recorded. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session. And at that time, I would now like to turn the call over to Nathan Rutledge, Senior Vice President of Inves ...

The appearance of U.S. Department of Defense (DOD) visual information does not imply or constitute DOD endorsement. May 7, 2025 Advancing the future together Forward Looking Statements and Disclaimers Cautionary Note Regarding Forward Looking Statements This presentation contains or incorporates by reference statements that relate to future events and expectations and, as such, could be interpreted to be "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of ...

Exhibit 99.1 Amentum Reports Second Quarter Fiscal Year 2025 Results Revenues of $3.5 billion, 1% growth on a pro forma basis Net Income of $4 million; Adjusted EBITDA of $268 million Diluted Earnings Per Share of $0.02; Adjusted Diluted Earnings Per Share of $0.53 Operating Cash Flow of $57 million; Free Cash Flow of $53 million Backlog of $45 billion; 1.0x YTD Book-to-Bill CHANTILLY, VA., May 6, 2025 — Amentum Holdings, Inc. ("Amentum" or the "Company") (NYSE: AMTM), a leading advanced engineering and tec ...

I started covering defense and energy contractor Amentum Holdings, Inc. (NYSE: AMTM ) in February. The stock was under pressure from ownership issues that many spin-offs face and the question of DOGE and how aggressively they might cut USI am a UK-based long-only investor with a strategy which revolves around finding companies which can be multi-baggers over a 5-10 year time horizon, though, as a great man once said, my favourite holding period is forever. I am looking for companies that have a high probabi ...

Core Insights - The article discusses the approach of a nuclear engineer and amateur investor who specializes in European value and growth investing, focusing on competitive financial analysis and DCF modeling [1] Group 1: Investment Strategy - The investor looks for companies on the brink of bankruptcy, analyzing their financials to identify potential recovery opportunities [1] - Emphasis is placed on reviewing restructuring plans and market positions to gain an advantage over retail investors [1] - The strategy involves a combination of macroeconomic understanding and financial modeling, with a focus on revenue streams and their growth potential [1]

Group 1 - Amentum Holdings, Inc. has been initiated with a Neutral Rating and a price forecast of $21 by Goldman Sachs analyst Noah Poponak [1] - The company has a lower relative valuation compared to its peers, with current slower growth and lower margins than other companies in the industry [1][3] - Amentum's revenue base is large and diversified, reporting $14 billion in revenue and a backlog of $45 billion, which provides scale for potential success [2] Group 2 - The merger with Jacobs' government services business presents opportunities for growth and margin expansion, but Amentum faces sector headwinds due to expected revenue growth slowing or potentially turning negative [3] - Amentum's EBIT and free cash flow margins are lower than those of other companies in the government services sector, which may contribute to slower growth [3][4] - The company's balance sheet is more leveraged than its peers, which may deter potential buyers amid market concerns about the sector's future [4] Group 3 - EBITDA projections for FY25 and FY26 are estimated to be 2% and 3% higher than consensus estimates, respectively [4] - EPS is projected to surpass both consensus and the company's guidance, although a decline in revenue is anticipated for FY27 [5]

Core Insights - Amentum partners with Rivada Space Networks to provide an ultra-secure low earth orbit connectivity network for U.S. government communications [1][4] - Rivada's Outernet is the first unified global communications network, consisting of 600 low earth orbit satellites that create a low-latency, secure optical mesh network [3][5] Company Overview - Rivada Space Networks is developing the Outernet, a next-generation satellite constellation that combines inter-satellite laser links with advanced processing to ensure data security and low latency [3][5] - Amentum is recognized as a leader in advanced engineering and technology solutions, focusing on national security and resilience in information systems [7][8] Technological Features - The Outernet offers pole-to-pole coverage with end-to-end latencies significantly lower than terrestrial fiber, enhancing secure data sharing across distributed sites [3][5] - The network is designed to operate independently of terrestrial gateways, providing a secure communication backbone that addresses rising demands for data sovereignty and security [4][6] Strategic Importance - The partnership aims to enhance national security solutions amid growing geopolitical concerns, particularly in cybersecurity and resilient information systems [4] - Rivada's Outernet is positioned as a preferred choice for secure data communications, redefining connectivity in terms of security, latency, capacity, and coverage [4]

Core Insights - Spin-offs can lead to highly profitable investments and are often overlooked by the market [1] Group 1: Investment Strategy - The investment strategy focuses on identifying companies with the potential for significant revenue and earnings growth over a 5-10 year horizon [2] - Preference is given to less cyclical and higher growth sectors, with a geographical bias towards the United States [2] - The investor emphasizes the importance of writing to clarify thoughts and maintain rigor in the research process [2] Group 2: Analyst's Position - The analyst currently holds no positions in the mentioned companies but may initiate a long position in AMTM within the next 72 hours [3] - The article reflects the analyst's personal opinions and is not influenced by compensation from any company [3] Group 3: Seeking Alpha's Role - Seeking Alpha does not guarantee future results and does not provide specific investment recommendations [4] - The platform features a diverse range of authors, including both professional and individual investors [4]