Business / Finance

Science Applications International Corporation Q1 Profit Increases, beats estimates

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2023-06-05 11:20:05  • 1 min

(RTTNews) - Science Applications International Corporation (SAIC) announced earnings for its first quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $98 million, or $1.79 per share. This compares with $73 million, or $1.29 per share, in last year's first quarter.

Excluding items, Science Applications International Corporation reported adjusted earnings of $2.14 per share for the period.

Analysts on average had expected the company to earn $1.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

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