Science Applications Int'l (SAIC) Misses Q3 EPS by 5c, Revenues In-Line

Science Applications Int'l (NYSE: SAIC) reported Q3 EPS of $1.39, $0.05 worse than the analyst estimate of $1.44. Revenue for the quarter came in at $1.63 billion versus the consensus estimate of $1.63 billion.

• Revenues: $1.6 billion; 38% revenue growth
• Diluted earnings per share: $0.94; Adjusted diluted earnings per share(1): $1.39
• Adjusted EBITDA(1) as a % of revenues: 8.3%
• Cash flows provided by operating activities: $116 million
• Net bookings of $2.2 billion equating to a book to bill of 1.4

“SAIC's third quarter results reflect another quarter of consistent, strong results from an expanded contract portfolio, broadened capabilities and talented employees," said SAIC CEO Nazzic Keene. "Our fully integrated and focused growth strategy is driving our investment decisions and business pursuits as we look to accelerate profitable growth while continuing to deliver 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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