Science Applications Int'l (SAIC) Tops Q1 EPS by 42c; Raises Outlook

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SAIC to Acquire Federal Health IT Company Halfaker and Associates

June 3, 2021 4:15 PM EDT

Expands SAICs health IT portfolio and accelerates long-term strategy Well aligned to companys growing digital transformation presence Transaction will be accretive to SAICs revenue growth rate, adjusted diluted earnings per share, and free cash flow in fiscal year 2022

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) announced today that it... More

SAIC Announces First Quarter of Fiscal Year 2022 Results

June 3, 2021 4:15 PM EDT

Revenues increase to $1.9 billion; ~7% total revenue growth, 2.6% growth excluding acquired revenues Diluted earnings per share increase to $1.38; Adjusted diluted earnings per share(1) increase to $1.94 Net bookings of $4.2 billion; Book-to-bill ratio of 2.2 for the first quarter Company increases lower end of revenue and adjusted EBITDA margin(1) and raises adjusted diluted EPS(1) guidance for fiscal year 2022 Entered into an agreement to acquire Halfaker and Associates, LLC, for $250 million

RESTON, Va.--(BUSINESS WIRE)-- Science Applications International Corporation (NYSE:... More