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CACI Posts Record Earnings On Record Sales

Defense Daily Staff Defense Daily Staff
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CACI International [CACI] on Wednesday reported double-digit increases in income and sales in its second quarter, continuing where it left off after the first quarter. Net income rose 24 percent to a record $41.1 million, $1.51 earnings per share (EPS), from $33.2 million ($1.08 EPS), topping consensus estimates by 21 cents EPS. Sales increased 12 percent to a record $973.2 million from $867.3 million a year ago. CACI attributed the sales gain to higher volumes of intelligence, surveillance and reconnaissance,…

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