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CACI Intl. Q3 Profit Rises; Ups FY12 EPS Outlook

CACI International Inc (CACI) reported net income for the third quarter of $40.9 million or $1.45 per share, compared to $36.4 million or $1.16 per share for the year-ago quarter.

Pro forma adjusted net income for the third quarter was $53.7 million, or $1.91 per share, compared to $48.6 million or $1.55 per share in the prior year quarter.

Third quarter revenue grew 1.6% to $927.96 million from $913.37 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $1.43 per share on revenue of $1.00 billion for the third quarter.

For the fiscal year 2012, the company now expects revenue of $3.73 billion to $3.83 billion and earnings of $5.74 to $5.95 per share. Previously, the company expected revenue of $3.85 billion to $4.05 billion and earnings of $5.72 to $5.94 per share.

Analysts currently expect the company to earn $5.85 per share on revenue of $3.95 billion for the fiscal year 2012.

by RTT Staff Writer

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