SAIC Reports Strong Q1 FY27 Results, Raises Full-Year Adjusted EPS and EBITDA Guidance
SAIC sits 48% above its 52-week low of $81.08.
Summary
Science Applications International Corp reported strong Q1 FY27 financial results, including significant EPS growth and increased full-year guidance for adjusted EPS and EBITDA, alongside robust bookings and share repurchases.
Key Events · Earnings and Guidance · SAIC
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Strong Q1 FY27 Financial Performance
Reported revenues of $1.91 billion (2% growth, 0.5% organic), net income of $115 million (69% increase), and diluted earnings per share of $2.61 (84% increase) year-over-year.
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Raised Full-Year Guidance
Increased fiscal year 2027 guidance for adjusted EBITDA to $720M-$730M (from $705M-$715M) and adjusted diluted EPS to $9.90-$10.10 (from $9.50-$9.70).
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Robust Bookings and Backlog
Achieved net bookings of $2.1 billion, resulting in a 1.1 book-to-bill ratio, and maintained a total estimated backlog of $22.9 billion.
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Significant Free Cash Flow and Share Repurchases
Generated $118 million in free cash flow and deployed $175 million for share repurchases during the quarter.
Analysis · SAIC · Technology
The company delivered strong first-quarter fiscal year 2027 results, showing significant year-over-year growth in revenue, net income, and EPS, reversing the decline seen in the prior fiscal year. The decision to raise full-year guidance for adjusted EBITDA and adjusted diluted EPS indicates management's increased confidence in future performance. This positive update, coupled with a strong book-to-bill ratio and substantial share repurchases, suggests a robust operational and financial outlook.
At the time of this filing, SAIC was trading at $120.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $81.08 to $121.05. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.