NCI, Inc. (NCIT) Tops Q2 EPS by 3c
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NCI, Inc. (NASDAQ: NCIT) reported Q2 EPS of $0.22, $0.03 better than the analyst estimate of $0.19. Revenue for the quarter came in at $86 million versus the consensus estimate of $83.56 million.
NCI, Inc. sees Q3 2015 EPS of $0.18-$0.20. NCI, Inc. sees Q3 2015 revenue of $80-86 million.
NCI, Inc. sees FY2015 EPS of $0.76-$0.82. NCI, Inc. sees FY2015 revenue of $327-343 million.
“NCI continued to post excellent operating results in the second quarter of 2015,” said NCI’s Chairman and CEO Charles K. Narang. “We continue to see the benefit of higher margins from Computech’s revenue base of agile software development and big data projects. Bookings continued to lag, but we are beginning to see some traction with smaller awards – both recompetes and new wins.
“I will continue to be involved with day-to-day operations during the transition to my role as NCI’s chairman on October 1. Thereafter, I will assume a more high-level, strategic role as we explore new options for the company. I am confident that under Brian's leadership, NCI will explore avenues of growth that include acquisitions and other options to enhance shareholder value.”
“We’re on track to submit aggregate bids of approximately $2 billion during 2015. In addition, our win rates are improving for both new awards and recompetes, as recent award announcements have demonstrated,” said NCI’s president, Brian J. Clark. “The quality of NCI’s pipeline remains healthy as we qualify new potential awards that align even more closely to our core competencies.
“As CEO, I will continue to focus the company on winning new awards that individually and collectively would be transformational for NCI. As Charles noted, we also will explore various new strategic options for the company. We will provide more detail on these options at the appropriate time.”
For earnings history and earnings-related data on NCI, Inc. (NCIT) click here.
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