SAIC: Fiscal Q3 Earnings Snapshot
RESTON, Va. (AP) — RESTON, Va. (AP) — Science Applications International Corp. (SAIC) on Monday reported fiscal third-quarter earnings of $93 million.
The Reston, Virginia-based company said it had net income of $1.76 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $2.27 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The information technology company posted revenue of $1.9 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.78 billion.
SAIC expects full-year earnings in the range of $7.70 to $7.90 per share, with revenue in the range of $7.33 billion to $7.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAIC at https://www.zacks.com/ap/SAIC
