CACI International [CACI] on Wednesday posted a strong fourth quarter driven by solid double-digit revenue growth and soaring net income, results that matched its fiscal year 2011. Net income increased 54 percent in the quarter to $45.9 million, $1.44 earnings per share (EPS), versus $29.9 million (96 cents EPS) a year ago, soundly topping consensus estimates of $1.17 EPS. CACI did benefit from not having to pay earn outs on two acquisitions completed in FY ’10, which boosted operating income…
No Slowing CACI As Firm Reports Strong Fourth Quarter And Year
Defense Daily Staff
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