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Stock impact report

Easy earnings topper, 37% revenue rise, lift SAIC to YTD high [Seeking Alpha]

Science Applications International Corporation (SAIC) 
Last science applications international corporation earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.saic.com
Company Research Source: Seeking Alpha
Easy earnings topper, 37% revenue rise, lift SAIC to YTD high - Science Applications International Corporation (NYSE:SAIC) | Seeking Alpha On the Move Easy earnings topper, 37% revenue rise, lift SAIC to YTD high Jun. 6, 2019 3:25 PM ET | Science Applications Intern... (SAIC) Carl Surran Science Applications International ( +6.4% Q1 earnings Excluding acquired revenues, the total fell by 2.8% in the quarter, attributable to humanitarian relief materials in the prior-year quarter and the affect of acquisition-related revenue dis-synergies. SAIC says Q1 contract awards totaled $1B and net bookings came in at $1.4B, with 70% of the net bookings for new business; estimated backlog of signed business orders at quarter-end was ~$13.6B. SAIC reaffirms its FY 2020 outlook, including its free cash flow target of $425M, although given the strength of its Q1 performance, the company believes it can meet or exceed the goal for the year. See all stocks on the move » Now read: Science Application Show less Read more
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