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SAIC exceeded expectations in fiscal 2027's second quarter, reporting $1.9 billion in revenue, 5% organic growth, a 10.3% adjusted EBITDA margin and $131 million in free cash flow. Net leverage declined to 3.0 times.
The company raised its full-year guidance to $7.25 billion in revenue, 10.3%–10.5% adjusted EBITDA margins and at least $600 million in free cash flow, although the RITS contract rollover is expected to weigh on second-half revenue.
SAIC highlighted strong on-contract growth and more than $1.6 billion in intelligence and ******* e awards, while procurement remains uneven. Its Project ORBIT efficiency program targets $150 million in annual run-rate savings and supports a long-term path toward approximately 11% margins.
Science Applications International Is a Wicked Hot Buy in June
#science
SAIC exceeded expectations in fiscal 2027's second quarter, reporting $1.9 billion in revenue, 5% organic growth, a 10.3% adjusted EBITDA margin and $131 million in free cash flow. Net leverage declined to 3.0 times.
The company raised its full-year guidance to $7.25 billion in revenue, 10.3%–10.5% adjusted EBITDA margins and at least $600 million in free cash flow, although the RITS contract rollover is expected to weigh on second-half revenue.
SAIC highlighted strong on-contract growth and more than $1.6 billion in intelligence and ******* e awards, while procurement remains uneven. Its Project ORBIT efficiency program targets $150 million in annual run-rate savings and supports a long-term path toward approximately 11% margins.
Science Applications International Is a Wicked Hot Buy in June
#science
8 days ago
