Science Applications International Reports Q1 Earnings with Beat on Revenue and Adjusted Metrics
Science Applications International (NASDAQ:SAIC) reported better-than-expected first-quarter results, including $1.9 billion in revenue, record margins, $222 million in adjusted EBITDA, and $118 million in free cash flow for Q1 2027. The company raised its full-year guidance for adjusted EPS to between $9.90-$10.10 while maintaining sales forecasts amid recompete challenges and uncertain federal spending.
Tickers: $SAIC
Topics: AI strategy federal spending financial performance guidance update