SAIC - Science Applications International Optimistic About Hitting Annual Outlook Despite Q1 Revenue Dip Shares Slide | Benzinga
Science Applications International Corp (NYSE: SAIC) reported a 9% revenue decline year over year in the fiscal first quarter of 2025 to $1.847 billion, marginally beating the analyst consensus estimate of $1.844 billion.
Adjusted EPS of $1.92 was in line with the analyst consensus estimate.
The sale of the logistics and supply chain management business and contract completions mainly led to the topline decline.
Adjusting for the impact of the divestiture of the Supply Chain Business, revenues grew by 0.4%.
The adjusted operating margin declined by 30 bps to 8.6%. Adjusted EBITDA margin declined by 30 bps to ...