Wells Fargo Upgrades Science Applications (SAIC) to Market Perform
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Science Applications International Corp. (SAIC) Tops Q4 EPS by 3c
April 8, 2014 4:07 PM EDTScience Applications International Corp. (NYSE: SAIC) reported Q4 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $941 million versus the consensus estimate of $945.16 million.
New Business Awards
Net Bookings for the fourth quarter were approximately $270 million which reflects a book-to-bill ratio of 0.3. Net bookings during fiscal 2014 totaled $3 billion, representing a book-to-bill ratio of 0.7. Notable awards received during the fourth quarter included:
United States Army Communications-Electronics Research, Development and Engineering Center (CERDEC): SAIC was awarded a prime position on a multiple award, indefinite-delivery/indefinite-quantity contract... More