SAIC Beats Expectations with Strong Q3 Results

SAIC Surpasses Expectations: Strong Q3 Results and Optimistic OutlookScience Applications International Corporation (SAIC) reported robust financial results for its fiscal third quarter, with a profit of seventy-eight million dollars, or one dollar and sixty-nine cents per share. After adjusting for certain costs, earnings per share rose to two dollars and fifty-eight cents, significantly exceeding analysts predictions of two dollars and seven cents per share.The company also posted impressive revenue numbers, bringing in one point eight seven billion dollars, surpassing Wall Streets forecasts of one point eight six billion dollars. Looking ahead, SAIC expects its total earnings for the year to fall between nine dollars and eighty cents and ten dollars per share, with full-year revenue anticipated to be in the range of seven point two eight billion to seven point three three billion dollars. This positive outlook indicates continued growth and strong financial health for SAIC as they move forward.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.