Science Applications International Corp
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Science Applications International Corp (SAIC) Stock News
The latest SAIC headlines and market coverage — 3 recent stories, updated throughout the day.
- Benzinga·
Defense Contractor SAIC Stock Hits 52-Week High - Here's Why
Science Applications International Corp. (NASDAQ: SAIC ) stock rose Monday after the government services contractor reported fiscal first-quarter 2027 results that topped Wall Street estimates and raised its full-year profit outlook. “I am proud of our team’s performance this quarter, delivering record margin and modest organic growth,” said Chief Executive Officer Jim Reagan . SAIC Revenue, Earnings Beat Expectations Revenue rose 2% year over year to $1.91 billion, exceeding the analyst consensus estimate of $1.82 billion. Adjusted earnings per share came in at $3.23, well above estimates of $2.29 . SAIC, which provides technical, engineering and enterprise IT services to defense, intelligence, civilian and space customers, also delivered stronger profitability during the quarter. Operating income increased 48% to $179 million, while operating margin expanded 300 basis points to 9.4%. Adjusted operating income rose 40% to $221 million, lifting the adjusted operating margin by 320 basis points to 11.6%. Adjusted EBITDA climbed 41% to $222 million, with adjusted EBITDA margin also improving 320 basis points to 11.6%. Net bookings totaled approximately $2.1 ... Full story available on Benzinga.com
- Benzinga·
SAIC Announces First Quarter of Fiscal Year 2027 Results
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul type="disc"> <li style="margin-bottom:9pt;"><strong><em>Revenues of </em></strong><strong><em>$1.91 billion</em></strong><strong><em>, approximately </em></strong><strong><em>2%</em></strong><strong><em> growth; 0.5% organic growth</em></strong><sup><strong><em>(</em></strong></sup><sup><strong><em>1)</em></strong></sup><strong><em> adjusted for SilverEdge acquisition</em></strong></li> <li style="margin-bottom:9pt;"><strong><em>Net bookings of </em></strong><strong><em>$2.1 billion</em></strong><strong><em>; quarterly book-to-bill ratio of </em></strong><strong><em>1.1</em></strong><strong><em>; trailing twelve months</em></strong><strong><em> book-to-bill ratio of 1.0</em></strong></li> <li style="margin-bottom:9pt;"><strong><em>Net income of </em></strong><strong><em>$115 million</em></strong><strong><em>; Adjusted EBITDA</em></strong><sup><strong><em>(</em></strong></sup><sup><strong><em>1)</em></strong></sup><strong><em> of </em></strong><strong><em>$222 million</em></strong><strong><em> or </em></strong><strong><em>11.6%</em></strong><strong><em> of r
- Benzinga·
SAIC Board of Directors Declares Cash Dividend
Science Applications International Corp. (NASDAQ: SAIC) announced that its board of directors declared a cash dividend of $0.37 per share, payable on July 24, 2026 to stockholders of record on July 10, 2026. The company intends to continue paying quarterly dividends, subject to board approval each quarter based on earnings, financial condition, and capital requirements.