Science Applications Int'l (SAIC) Misses Q1 EPS by 3c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, Provides FY21 Revenue Outlook

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Go back to Science Applications Int'l (SAIC) Misses Q1 EPS by 3c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, Provides FY21 Revenue Outlook

SAIC Announces First Quarter of Fiscal Year 2021 Results

June 4, 2020 4:15 PM EDT

Revenues: $1.8 billion; 9% total revenue growth, 3% excluding acquired revenues

Diluted earnings per share: $0.62; Adjusted diluted earnings per share(1): $1.38

Adjusted EBITDA(1) as a % of revenues: 7.8%, including 30 bps negative impact from COVID-19

Cash flows provided by operating activities: $367 million; $167 million excluding sale of receivables

Net bookings of $1.6 billion equating to a book to bill of 0.9, excluding $4.6 billion of single-award IDIQ's

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corporation (NYSE: SAIC), a leading technology integrator providing high-end solutions in engineering, IT, and... More