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CSRA Posts Higher Income, Sales In Second Quarter Aided By SRA Acquisition

Cal Biesecker By
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CSRA Posts Higher Income, Sales In Second Quarter Aided By SRA Acquisition
CSRA President and CEO Larry Prior. Photo: CSRA

CSRA Inc. [CSRA] on Wednesday after the close of markets reported higher earnings and sales in its second quarter driven by the acquisition last year of SRA International and program performance while the company maintained its financial outlook for the year.Net income jumped 51 percent to $80 million, 46 cents earnings per share (EPS), from $53 million (35 cents EPS) a year ago. Adjusted earnings in the quarter were $229 million (56 cents EPS), were down 3 percent from a…

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