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SRA’s Second Quarter Earnings Soar Amid Strong Sales

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By Calvin Biesecker SRA International [SRX] this week posted a hefty increase in net income on higher sales and solid operating margins and the company raised its sales and earnings guidance for the year. Net income jumped 78 percent to $19.2 million, 33 cents earnings per share (EPS) from $10.8 million (19 cents EPS) a year ago. Earnings soared despite SRA incurring $3.6 million in one-time charges related to the exit of a facility and a business it has divested.…

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