Perspecta Inc. Q1 adjusted earnings of $0.54 per share

(RTTNews) - Perspecta Inc. (PRSP) revealed earnings for first quarter that decreased from the same period last year.

The company's earnings came in at $29 million, or $0.17 per share. This compares with $32 million, or $0.22 per share, in last year's first quarter.

Excluding items, Perspecta Inc. reported adjusted earnings of $90 million or $0.54 per share for the period.

The company's revenue for the quarter rose 17.3% to $793 million from $676 million last year.

Perspecta Inc. earnings at a glance:

-Earnings (Q1): $90 Mln. vs. $59 Mln. last year. -EPS (Q1): $0.54 vs. $0.36 last year. -Revenue (Q1): $793 Mln vs. $676 Mln last year.

-Guidance: Full year EPS guidance: $1.80 - $1.95