SAIC Reports Strong Q1 Results and Raises Full-Year Profit Outlook
Science Applications International Corporation (NASDAQ:SAIC) reported first-quarter earnings that exceeded expectations with adjusted EPS of $3.23 against a forecast of $2.28, while also raising its full-year profit outlook to between $9.90 and $10.10 per share from $9.50 to $9.70. The stock surged nearly 9% in pre-market trading as the company cited improved contract profitability and strong cash generation.
Tickers: $SAIC