Science Applications Approves $1.2 Billion Stock Buyback, Raises Annual Outlook After Q3 Beat

Quick Summary:

Science Applications International Corp (NYSE: SAIC) reported a 4.3% revenue growth year over year in the fiscal third quarter of 2025 to $1.98 billion, beating the analyst consensus estimate of $1.93 billion.Adjusted EPS of $2.61 beat the analyst consensus of $2.16.

Also Read: Amazon Takes On Nvidia With Cheaper AI Supercomputers, Servers

The adjusted operating margin increased by 50 bps to 9.9%.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: Briefs Why it's moving SAIC News Buybacks Movers Earnings Trading Ideas Benzinga Tech Top Stories Stories That Matter Guidance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 14:15:13 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24141773

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