Science Applications International Corporation (NASDAQ:SAIC) Q4 2024 Earnings Conference Call March 18, 2024 10:00 AM ET Company Participants Joseph DeNardi - Senior Vice President, Investor Relations and Treasurer Toni Townes-Whitley - Chief Executive Officer Prabu Natarajan - Chief Financial Officer Conference Call Participants Seth Seifman - JPMorgan Jason Gursky - Citi Greg Konrad - Jefferies Bert Subin - Stifel Cai von Rumohr - TD Cowen Tobey Sommer - Truist Securities Josh Korn - Barclays Operator Hel ...

Defense tech specialist Science Applications International (SAIC -9.70%) missed quarterly expectations due to expenses tied to its CEO transition. Investors are taking a harsh view, sending SAIC shares down 10% as of 10:30 ET on Monday.A bottom-line miss despite strong salesSAIC provides IT, tech, and engineering services to a range of government and defense customers. The company earned $1.43 per share in its fiscal fourth quarter, ending Feb. 2, which fell short of Wall Street's $1.47 consensus. Revenue c ...

SAIC PROPRIETARY INFORMATION | | Q SAJC. ALL RIGHTS RESERVED | I 17 Non-GAAP Reconciliation – Adjusted Diluted Earnings per Share Adjusted Diluted Earnings Per Share | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------|----------|--------|-------|--------|---------------------------------------------------|--------|-------|---------|---------| | | Reported | | | | Three Months Ended February 2, 2024 \nRecovery at | assets | | Gain on | results | ...

| | | | Three Months Ended | | | | Year Ended | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | February 2, | Percent | February 3, | | February 2, | Percent | | February 3, | | | | 2024 | change | 2023 | | 2024 | change | | 2023 | | | | | | | (in millions, except per share amounts) | | | | | | Revenues | $ | 1,737 | (12) % $ | 1,968 | $ | 7,444 | | (3) % $ | 7,704 | | Operating income | | 79 | (33) % | 118 | | 741 | 48 | % | 501 | | Operating income as a percentage of | | | | | | | ...

Science Applications International Corporation (SAIC) has secured $284 million in contracts from the U.S. intelligence community in the first two months of 2024. The deals mark a milestone for SAIC's strategy to expand its mission, IT and engineering services within the intelligence sector.David Ray, Science Applications' executive vice president of the Space and Intelligence Business Group, expressed confidence in leveraging these wins to strengthen customer relationships and broaden its service offerings. ...

Science Applications International Corporation (SAIC) has been awarded a $444 million contract to support the U.S. Space Force's Digital Transformation, Acquisition, Modernization and Modification (“DTAMM”) program. The contract focuses on enhancing the Space Systems Command and Space Launch Deltas (SLDs) 30 and 45.Science Applications' executive vice president, David Ray, emphasized the company's commitment to advancing space exploration and resilience. The contract will aid in modernizing space launch ran ...

RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) has been awarded a $444 million contract to support Digital Transformation, Acquisition, Modernization and Modification (DTAMM) for the U.S. Space Force's Space Systems Command and Space Launch Deltas (SLDs) 30 and 45. "SAIC's continued partnership with the Space Force is a symbol of our commitment to further space exploration, resilience and crew safety in space ranges in Florida, California and across the United States, ...

RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) today announced it has been awarded a $96 million contract by the Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) to modernize business operations. “The Under Secretary of Defense for Research and Engineering delivers crucial technology capabilities to warfighters,” said Vinnie DiFronzo, executive vice president, Air Force and Combatant Command Business Group at SAIC. “OUSD(R&E) is a crit ...

RESTON, Va.--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) is scheduled to issue its fourth quarter fiscal year 2024 results before market open on Monday, March 18, 2024. 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. The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of ...

ANDOVER, Mass.--(BUSINESS WIRE)--Aras, a leader in product lifecycle management and digital thread solutions, today announced a strategic partnership with leading technology integrator SAIC (Science Applications International Corp.) (NYSE: SAIC) that includes integration of Aras Innovator® as the digital thread backbone for its digital engineering solution, ReadyOne. ReadyOne is SAIC’s rapidly deployable digital engineering ecosystem, which offers customers an end-to-end digital thread for consistent, tr ...