SAIC stock surges 9% on strong earnings beat

SAIC shares surge 9% after beating Q1 earnings estimates and raising full-year profit outlook. Revenue and margins improved.

Today / 11:30|Last updated: Today / 11:32

SAIC stock surges 9% on strong earnings beat — Photo: Prepared by Bond.az

Bond.az - Science Applications International Corporation (SAIC) reported Q1 results that beat estimates. Shares jumped 8.82% pre-market.

Adjusted EPS came at $3.23 vs consensus $2.28. Revenue hit $1.91B, above $1.82B estimate. The company raised FY2027 EPS guidance to $9.90-$10.10 from $9.50-$9.70.

Adjusted EBITDA margin expanded to 11.6% from 8.4%. SAIC also increased EBITDA guidance and repurchased $175M in shares.

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