Sign In
Search
Business/Financial

SAIC’s Earnings Dip In Second Quarter On Higher Taxes

Cal Biesecker By
SHARE:
SAIC’s Earnings Dip In Second Quarter On Higher Taxes
Prabu Natarajan, SAIC's chief financial officer. Photo: SAIC

Science Applications International Corp. [SAIC] on Monday posted lower net income in the second quarter of its 2027 fiscal year due to a tax headwind while sales were higher. Net income fell 20 percent to $102 million, $2.38 earnings per share (EPS), from $127 million ($2.71 EPS) a year ago due to a tax benefit a year ago that boosted earnings then. Adjusted earnings in the quarter of $3.01 EPS were 74 cents above consensus estimates. Operating income of $152…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

DoD Announces $264 Million In Industrial Base Support, Including Aussie Gallium Deal

Business/Financial

Heven AeroTech Opens New Drone Manufacturing Facility In Virginia

Business/Financial

Stoke Space Raises $1 Billion As Startup Approaches First Launch

Business/Financial

DoD Makes $450 Million Equity Investment In Domestic Tungsten Supplier The Elmet Group

Trending

Meink: U.S. Has Orbital Space Weapons, SB-AMTI To Launch This Month, 500 CCAs by 2032
Skunk Works Plans First Flight of Vectis Prototype By End of Next Year
Defense Watch: Air, Space & Cyber, Poland Loans, Argentina FMS
Army To Field Joint Laser Weapon System By July 2028, Pentagon’s Critical Tech Lead Says
Northrop Grumman Test Flies Lumberjack One-Way Attack System With Magnet Navigation

Congress Updates

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume