Microsoft's flagship Azure cloud unit posted solid revenue growth, boosting the tech giant's Street-beating bottom line. Read More...
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Here’s Why I Won’t Exit Lockheed Martin or Defense Stocks
On Tuesday morning, defense and aerospace giant Lockheed Martin , which is a long-time Sarge name though I had recently reduced exposure, released the firm’s fourth quarter financial results. For the three month period ended December 31st, Lockheed Martin posted adjusted EPS of $7.79 $7.40 on revenue of $18.991B. The 7.1% revenue growth was in fact, the fastest pace of growth for the firm since Q4 2020, and the initial reaction ahead of the bell seemed to be focused on just that prior to correcting.
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