SAIC(SAIC)

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SAIC Schedules First Quarter Fiscal Year 2026 Earnings Conference Call for June 2 at 10 A.M. ET
GlobeNewswire· 2025-05-20 12:30
After the call concludes, an on-demand audio replay of the webcast can be accessed on the SAIC Investors Relations website. About SAIC RESTON, Va., May 20, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) is scheduled to issue its first quarter fiscal year 2026 results before market open on Monday, June 2, 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 comp ...
Building Homes for Heroes Announces Mortgage Payoff for Family of Fallen Army Special Forces Soldier
Prnewswire· 2025-05-07 17:52
National Capitol Classic golf fundraiser co-hosted with SAIC and Amazon Web Services celebrates our veterans at the historic Army Navy Country ClubWASHINGTON, May 7, 2025 /PRNewswire/ -- Building Homes for Heroes, joined by its partners Science Applications International Corp. (NASDAQ: SAIC) and Amazon Web Services, announced today it will pay off the remaining mortgage for the family of Sergeant Major Anders Johansson, a highly decorated U.S. Army Special Forces soldier who tragically lost his life in a ve ...
Will SAIC (SAIC) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-05-05 17:10
Core Insights - SAIC is positioned to potentially continue its earnings-beat streak in upcoming reports, having a history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 24.39% [1][4] Earnings Performance - In the last reported quarter, SAIC achieved earnings of $2.57 per share, exceeding the Zacks Consensus Estimate of $2 per share, resulting in a surprise of 28.50% [2] - For the previous quarter, SAIC's earnings were $2.61 per share against an expected $2.17 per share, delivering a surprise of 20.28% [2] Earnings Estimates and Predictions - Estimates for SAIC have been trending higher, influenced by its history of earnings surprises, and the stock currently has a positive Zacks Earnings ESP of +0.23%, indicating bullish sentiment among analysts [4][7] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong possibility of another earnings beat [7] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [6]
SAIC Awarded New $55 Million Mission Integration Contract From Space Development Agency
GlobeNewswire· 2025-05-01 12:30
Work on Proliferated Warfighter Space Architecture Tranche 3 Program Integration will increase warfighter lethality and decision dominanceRESTON, Va., May 01, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) has been awarded the Proliferated Warfighter Space Architecture (PWSA) Tranche 3 Program Integration (T3PI) contract from the Space Development Agency (SDA). This new $55 million contract spans a five-year performance period and is set for a May 1, 2025, program start. Th ...
SAIC and Bluescape Announce Strategic Partnership to Deliver Secure, Mission-Critical Operations Platform
GlobeNewswire News Room· 2025-04-30 12:30
RESTON, Va., April 30, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) – a mission integrator for delivering advanced technology solutions to the government – announced today that it has established a strategic partnership with Bluescape® – a collaborative operations platform – to bring a commercially-developed, unlimited virtual workspace to the Department of Defense (DoD), space, intelligence and civilian agencies. The innovative alliance delivers Bluescape’s best-in-class ...
Why Is SAIC (SAIC) Up 3.3% Since Last Earnings Report?
ZACKS· 2025-04-16 16:30
It has been about a month since the last earnings report for SAIC (SAIC) . Shares have added about 3.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is SAIC due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, esti ...
SAIC Appoints Kathleen McCarthy as New Executive Vice President and Chief Human Resources Officer
GlobeNewswire· 2025-04-09 14:30
RESTON, Va., April 09, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC), a premier mission integrator driving our nation's digital transformation across the defense, space, civilian and intelligence markets, is pleased to announce the appointment of Kathleen McCarthy as the company’s new Executive Vice President and Chief Human Resources Officer, effective May 12, 2025. In this role, McCarthy will report directly to Chief Executive Officer Toni Townes-Whitley and will spearhe ...
SAIC Announces ReadyOne™ Foundational: Latest Digital Engineering Ecosystem for Accelerated Innovation and Mission Effectiveness
GlobeNewswire· 2025-03-26 12:15
Core Insights - Science Applications International Corp. (SAIC) has launched ReadyOne™ Foundational, a cloud-based digital engineering ecosystem designed to meet the Department of Defense (DoD) Instruction 5000.97 mandate and government mission requirements [1][2] Group 1: Product Features - ReadyOne™ Foundational includes a digital thread accelerator that integrates various data, tools, and teams in real-time, facilitating the adoption of best practices in digital engineering [2] - The solution provides a credentialed cloud-based environment that addresses common digital engineering barriers, pre-loaded with data models, software tools, and connectors to enhance mission effectiveness and reduce lifecycle costs [2][3] Group 2: Market Context - The platform is positioned as essential for the Department of Defense as national security threats evolve, transitioning from traditional document-based engineering to model-based techniques for secure collaboration [3] - ReadyOne™ Foundational features a tool-agnostic digital thread architecture, reducing vendor lock-in and offering flexibility compared to traditional product lifecycle management (PLM) solutions [3] Group 3: Company Overview - SAIC is a Fortune 500 technology integrator with a focus on technology and innovation across defense, space, civilian, and intelligence markets, generating annual revenues of approximately $7.4 billion [5][6]
Science Applications International: Valuation Looks Cheap, Growth Looks Uncertain
Seeking Alpha· 2025-03-18 15:33
Science Applications International Corporation (NASDAQ: SAIC ) is a major technology integrator for the U.S. government. In essence, it focuses on providing engineering, digital, and mission-related services to various government sectors, namely defense, intelligence, and civilian agencies. The company, with a long history tied toThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional inf ...
Science Applications Q4 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-03-18 15:00
Core Insights - Science Applications International (SAIC) reported better-than-expected fourth-quarter fiscal 2025 results, with non-GAAP earnings of $2.57 per share, exceeding the Zacks Consensus Estimate by 28.5% and showing a year-over-year increase of 79.7% driven by higher revenues and effective cost management [1][2] Financial Performance - Fiscal fourth-quarter revenues rose 5.8% year over year to $1.838 billion, slightly surpassing the Zacks Consensus Estimate of $1.804 billion by 1.88%, primarily due to increased volume on new and existing contracts [3] - Segment-wise, Defense and Intelligence revenues accounted for 74% of total revenues, amounting to $1.36 billion with a year-over-year increase of 0.6%, while Civilian revenues, making up 26%, totaled $478 million, rising 24.2% year over year [5] - Non-GAAP operating income increased to $176 million from $124 million in the prior year, with a non-GAAP operating margin expansion of 250 basis points to 9.6% [8] - Adjusted EBITDA advanced 39.4% to $177 million, with an adjusted EBITDA margin of 9.6% compared to 7.3% in the prior year [9] Cost Management - Selling, general and administrative (SG&A) expenses decreased by 17.5% to $94 million, with SG&A as a percentage of revenues declining from 6.6% to 1.4% year over year [7] Cash Flow and Shareholder Returns - The company generated operating cash flow of $115 million and free cash flow of $236 million in the fiscal fourth quarter, with total operating cash flow and free cash flow for fiscal 2025 at $494 million and $499 million, respectively [11] - During the fiscal fourth quarter, SAIC repurchased shares worth $130 million and paid $18 million in dividends [12] Guidance - For fiscal 2026, SAIC projects revenues in the range of $7.60-$7.75 billion and adjusted earnings between $9.10-$9.30 per share, with the Zacks Consensus Estimate for revenues at $7.65 billion and non-GAAP earnings at $9.05 per share [13]