SAIC Q1 FY27 Diluted EPS Jumps 84% to $2.61 on Strong Revenue Growth
SAIC sits 51% above its 52-week low of $81.08.
Summary
Science Applications International Corp reported robust first-quarter fiscal year 2027 results, with diluted EPS surging 83.8% year-over-year to $2.61 on revenue of $1.91 billion. Net income also saw a significant 69.1% increase. This strong performance was driven by both acquisitive and organic growth, alongside improved profitability from a favorable contract mix and reduced SG&A expenses. This detailed earnings summary follows earlier reports today of strong Q1 results.
At the time of this announcement, SAIC was trading at $122.76 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.3B. The 52-week trading range was $81.08 to $123.41. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.