Science Applications International Corporation (SAIC) reported a profit for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $68 million, or $1.42 per share. This compares with $77 million, or $1.48 per share, last year.
Excluding items, Science Applications International Corporation reported adjusted earnings of $92 million or $1.92 per share for the period.
Analysts on average had expected the company to earn $2.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.6% to $1.877 billion from $1.847 billion last year.
Science Applications International Corporation earnings at a glance (GAAP) :
-Earnings: $68 Mln. vs. $77 Mln. last year.-EPS: $1.42 vs. $1.48 last year.-Revenue: $1.877 Bln vs. $1.847 Bln last year.
The Board will pay a cash dividend of $0.37 per share on July 25, to the stockholders of record as of July 11. Looking ahead, for the full year, the company has reaffirmed its outlook.
SAIC still expects adjusted income per share of $9.10 to $9.30, in line with analysts’ forecast of $9.26 per share.
SAIC continues to anticipate annual revenue of $7.60 billion to $7.75 billion, compared with analysts’ estimate of $7.68 billion.
SAIC was down by 6.53% at $108 in the pre-market trade on the Nasdaq.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.