Science Applications International Fiscal Q2 Adjusted Earnings Fall, Revenue Rises; Raises Fiscal 2027 Guidance

MT Newswires Live

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Science Applications International (SAIC) reported fiscal Q2 adjusted diluted earnings Monday of $3.01 per diluted share, down from $3.63 a year earlier.

Analysts polled by FactSet expected $2.31.

Revenue for the quarter ended July 31 was $1.88 billion, compared with $1.77 billion a year earlier.

Analysts polled by FactSet expected $1.76 billion.

The company raised its fiscal 2027 adjusted diluted EPS outlook to between $10.65 and $10.75, from the previous range of $9.90 and $10.10. Analysts polled by FactSet anticipated $10.18.

SAIC also raised its fiscal 2027 revenue guidance to a range of $7.2 billion to $7.3 billion from $7.0 billion to $7.2 billion. Analysts polled by FactSet expected $7.19 billion.

Shares of Science Applications International were up more than 7% in premarket trading Monday.

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