Jefferies Raises Price Target on Science Applications Int'l (SAIC) to $68 Following 1Q
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SAIC Announces Financial Results for the First Quarter of Fiscal Year 2017
June 13, 2016 6:30 AM EDTRevenues: $1,215 million
Earnings before interest, taxes, depreciation and amortization (EBITDA) margin: 6.7%; Adjusted EBITDA margin: 7.1%
Operating income: $66 million; Adjusted operating income: $73 million
Diluted earnings per share: $0.71; Adjusted diluted earnings per share: $0.80
Cash flows provided by operating activities: $35 million
Repurchased 622K shares for $30 million
Book-to-bill ratio of approximately 1.0
MCLEAN, Va.--(BUSINESS WIRE)-- Science Applications International Corporation (NYSE: SAIC), a leading technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information... More
