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Business/Financial

CACI Rounds Out Fiscal Year With Strong Fourth Quarter

By Cal Biesecker

Thursday, August 13th, 2020

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CACI Rounds Out Fiscal Year With Strong Fourth Quarter

CACI President and CEO John Mengucci. Photo: CACI

CACI International [CACI] on Wednesday after the markets closed reported strong fourth quarter and fiscal year 2020 results marked by operational performance and robust order flow, easily overcoming challenges related to the COVID-19 pandemic and setting the government contractor up for gains in the new fiscal year. Net income soared 87 percent in the quarter to $93.7 million, $3.68 earnings per share (EPS), from $50 million ($1.96 EPS) a year ago, beating consensus estimates by 28 cents per share. The…

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