Science Applications Int'l (SAIC) Tops Q2 EPS by 14c, Revenues In-Line

Science Applications Int'l (NYSE: SAIC) reported Q2 EPS of $1.13, $0.14 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.11 million versus the consensus estimate of $1.11 billion.

• Revenues: $1.1 billion
• Diluted earnings per share: $1.13
• Net income: $49 million
• Adjusted EBITDA(1) as a % of revenues: 7.5%
• Cash flows used in operating activities: $12 million
• Book-to-bill ratio of 1.4

“With our fourth quarter of consecutive revenue growth, SAIC delivered strong second quarter results including increased profitability and contract bookings,” said SAIC CEO Tony Moraco. “Our long term strategy, Ingenuity 2025, that we began executing two years ago and in advance of an improved market environment, positions SAIC well to create value for our customers and shareholders."

For earnings history and earnings-related data on Science Applications Int'l (SAIC) click here.

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