Science Applications Int'l (SAIC) Tops Q4 EPS by 24c, Revenues Miss

Science Applications Int'l (NYSE: SAIC) reported Q4 EPS of $1.58, $0.24 better than the analyst estimate of $1.34. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.57 billion.

• Q4 Revenues of $1.5 billion; 29 percent growth
• Q4 Diluted earnings per share: $1.01; adjusted diluted earnings per share(1) of $1.58
• Q4 Adjusted EBITDA(1) as a % of revenues of 8.7%; 8.4% for fiscal year 2020
• Q4 Cash flows provided by operating activities of $69 million; $458 million for fiscal year 2020
• Fiscal year 2020 free cash flow of $437 million, exceeding target of $425 million
• Book-to-bill ratio of 1.5 for fourth quarter, 1.2 for fiscal year

“SAIC’s full fiscal year 2020 results reflect strong financial performance, operational execution, and the implementation of a strategy that positions the company for sustained, profitable growth and long-term value creation,” said CEO Nazzic Keene. “The addition of Unisys Federal to our business portfolio accelerates our growth strategy, enhances our technical talent base, and solidifies SAIC as a market leader in providing IT modernization solutions.”

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

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