Science Applications International Corporation - Common Stock (SAIC)
105.98
-6.79 (-6.02%)
Science Applications International Corporation is a prominent provider of technology solutions and services primarily aimed at government and commercial clients
The company specializes in areas such as cybersecurity, cloud computing, and data analytics, helping customers modernize their operations and enhance security measures. With a focus on innovation, SAIC develops software and systems that support mission-critical programs in sectors like defense, intelligence, and civil services. By leveraging advanced technologies, the company aims to solve complex challenges and improve the efficiency and effectiveness of its clients' missions.
Shares in IT government contractors Booz Allen, Gartner tumbled after Secretary of Defense Pete Hegseth said the Pentagon was canceling $580 million in contracts. But Palantir stock rose.
Shares of government IT services provider Science Applications International Corporation (NASDAQ:SAIC) jumped 11.7% in the morning session after the company reported impressive fourth quarter 2024 (fiscal 2025) results, which blew past analysts' sales and earnings estimates.
Science Applications International Corp (NASDAQ: SAIC) posted a 6% year-on-year sales growth to $1.84 billion, surpassing analyst expectations of $1.81 billion. Adjusted EPS of $2.57 also beat the consensus of $2.08. The company's operating income surged 75%, with a 300 basis point improvement in operating margin.
Government IT services provider Science Applications International Corporation (NASDAQ:SAIC) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 5.8% year on year to $1.84 billion. The company expects the full year’s revenue to be around $7.68 billion, close to analysts’ estimates. Its non-GAAP profit of $2.57 per share was 23.2% above analysts’ consensus estimates.
RESTON, Va., March 17, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corporation (NASDAQ: SAIC), a premier Fortune 500® technology integrator driving our nation's digital transformation across the defense, space, civilian, and intelligence markets, today announced results for the fourth quarter and full fiscal year ended January 31, 2025.
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Government IT services provider Science Applications International Corporation (NASDAQ:SAIC) will be reporting results tomorrow before the bell. Here’s what investors should know.
RESTON, Va., March 14, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on April 25, 2025 to stockholders of record on April 11, 2025.
RESTON, Va., March 06, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) is scheduled to issue its fourth quarter fiscal year 2025 results before market open on Monday, March 17, 2025. SAIC executive management will discuss operational and financial results in a conference call beginning at 10:00 a.m. Eastern time, following the issuance of the company’s earnings press release.
