Science Applications International Corporation Reports Strong Q2 Earnings and Revenue Growth
Science Applications International Corporation (SAIC) reported second-quarter Non-GAAP earnings per share of $3.01, exceeding estimates by $0.70. The company also generated revenue of $1.88 billion for the quarter, a year-over-year increase of approximately 6.2%, and beating expectations by $120 million. The growth in revenue was driven primarily by increased demand across its core business segments. SAIC attributed this performance to strong execution on existing contracts as well as new project wins during the period.
Tickers: $SAIC
Topics: Earnings Revenue Growth