SAIC: Fiscal Q1 Earnings Snapshot
By Ap News
Published - Jun 03, 2024, 07:21 AM ET
Last Updated - Jun 03, 2024, 07:21 AM EDT
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.
