Science Applications International Corp. (SAIC) shares have plunged 18% in the past three months, underperforming the Zacks Computers - IT Services industry, Zacks Computer and Technology sector and the S&P index’s growth of 7.4%, 9.8% and 6.6%, respectively.Science Applications’ underperformance can be attributed to the temporary challenges that SAIC is facing due to contract transitions and improved bid selections, creating revenue gaps. SAIC’s dim outlook for fiscal 2025 revenues of $7.425-$7.475 billion ...

RESTON, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC), has been awarded a new contract from the State of Texas’ Department of Information Resources (DIR) to provide robust cybersecurity services in protection of state agency networks. The contract has a projected value of $170.9 million. This award builds upon SAIC’s growing partnership and support of state and local governments. In addition to the State of Texas, SAIC also delivers high-end IT and cybersecur ...

Science Applications International Corp. (SAIC) shares have lost 7.8% in the year-to-date period, underperforming the Zacks Computers - IT Services industry, Zacks Computer and Technology sector and the S&P index’s growth of 16.7%, 34.2% and 27.8%, respectively.SAIC stock’s dip in performance can be traced back to the temporary challenges that the company was facing due to contract transitions and improved bid selections creating revenue gaps. SAIC’s cautious outlook of fiscal 2025 revenues of $7.425-$7.475 ...

RESTON, Va., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ:SAIC) has been awarded a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract ("MATOC") vehicle to support the Department of Defense (DoD) and its need to obtain critical services in a shorter time frame. The contract award is for one base year and four option years. The PRISM contract provides the Office of the Undersecretary of D ...

Science Applications International Corporation (NASDAQ:SAIC) Q3 2025 Earnings Call Transcript December 5, 2024 10:00 AM ET Company Participants Joe DeNardi - SVP, IR and Treasurer Toni Townes-Whitley - CEO Prabu Natarajan - CFO Conference Call Participants Matt Akers - Wells Fargo Josh Korn - Barclays Seth Seifman - JPMorgan Jason Gursky - Citi Cai von Rumohr - TD Cowen Ellen Page - Jefferies Good morning, and thank you for joining SAIC's third quarter fiscal year 2025 earnings call. My name is Joe DeNardi, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 1, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-35832 Science Applications International Corporation (Exact name of registrant as specified in its charter) Delaw ...

SAIC (SAIC) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.28%. A quarter ago, it was expected that this information technology company would post earnings of $1.86 per share when it actually produced earnings of $2.05, delivering a surprise of 10.22%.Over the last four quarters, ...

Revenues of $1.98 billion; 4.3% revenue growth Net income of $106 million; Adjusted EBITDA(1) of $197 million or 10.0% of revenuesDiluted earnings per share of $2.13; Adjusted diluted earnings per share(1) of $2.61 Cash flows provided by operating activities of $143 million; free cash flow(1) of $9 millionNet bookings of $1.5 billion; book-to-bill ratio of 0.7; trailing twelve months book-to-bill ratio of 0.9Company increases Fiscal Year 2025 guidance for Revenue and Adjusted Diluted EPS(1) and reaffirms mi ...

Exhibit 99.1 SAIC Announces Third Quarter of Fiscal Year 2025 Results • Revenues of $1.98 billion; 4.3% revenue growth (1) • Net income of $106 million; Adjusted EBITDA of $197 million or 10.0% of revenues (1) • Diluted earnings per share of $2.13; Adjusted diluted earnings per share of $2.61 • Cash flows provided by operating activities of $143 million; free cash flow of $9 million (1) • Net bookings of $1.5 billion; book-to-bill ratio of 0.7; trailing twelve months book-to-bill ratio of 0.9 (1) • Company ...

SAIC (SAIC) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on December 5. On th ...