SAIC Clocks Flat Revenue Growth In Q2; Margins Contrac
Science Applications International Corp (NYSE: SAIC) reported a flat revenue growth year-on-year in the second quarter of FY23 to $1.831 billion, marginally beating the consensus of $1.830 billion. Adjusted EPS of $1.75 beat the consensus of $1.69. Adjusted operating margin contracted by 120 bps to 6.8% due to higher indirect costs. Adjusted EBITDA margin contracted 100 bps to 9.1%. SAIC generated … Full story available on Benzinga.com
SAIC Clocks Flat Revenue Growth In Q2; Margins Contrac
Science Applications International Corp (NYSE: SAIC) reported a flat revenue growth year-on-year in the second quarter of FY23 to $1.831 billion, marginally beating the consensus of $1.830 billion. Adjusted EPS of $1.75 beat the consensus of $1.69. Adjusted operating margin contracted by 120 bps to 6.8% due to higher indirect costs. Adjusted EBITDA margin contracted 100 bps to 9.1%. SAIC generated … Full story available on Benzinga.com