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RESTON, Va. (AP) — RESTON, Va. (AP) — Science Applications International Corp. (SAIC) on Monday reported fiscal first-quarter earnings of $77 million.
On a per-share basis, the Reston, Virginia-based company said it had profit of $1.48. Earnings, adjusted for one-time gains and costs, were $1.92 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.
The information technology company posted revenue of $1.85 billion in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $1.84 billion.
SAIC expects full-year earnings in the range of $8 to $8.20 per share, with revenue in the range of $7.35 billion to $7.5 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SAIC">Zacks stock report on SAIC at https://www.zacks.com/ap/SAIC