Science Applications Int'l (SAIC) Raises Quarterly Dividend 19.4% to $0.37; 2% Yield

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SAIC Announces Fourth Quarter and Full Fiscal Year 2019 Results

March 28, 2019 4:15 PM EDT

Quarterly dividend raised by 6 cents, or approximately 20%, to $0.37 per share

Share repurchase authorization replenished by 4.6M shares, 6.5M shares remaining for repurchase

Q4 revenues of $1.2 billion; 6 percent growth

Q4 diluted earnings (loss) per share: $(0.20); adjusted diluted earnings per share of $1.17

Q4 adjusted EBITDA(1) as a % of revenues of 8.0%; 7.6% for fiscal year 2019

Q4 cash flows provided by operating activities of $22 million; $184 million for fiscal year 2019

Book-to-bill ratio of 0.8 for fourth quarter; 1.0 for fiscal year, excluding $4.6 billion of single award IDIQ value

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