Engility Sales, Profit Drop

By Marjorie Censer / March 3, 2015 at 5:25 PM

Engility said today that sales in its most recent quarter declined to $319.5 million, down nearly 3 percent from the same three-month period a year earlier.

Profit fell more steeply, down to $3.5 million from $11.6 million in the same quarter last year.

Tony Smeraglinolo, Engility's chief executive, said in the announcement that the company is still experiencing delayed contract awards and start dates.

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