CACI International has reported a 23 percent rise in quarterly profits over last year, due to rising revenues and lower tax rates. Profits increased to nearly $29 million, or 95 cents a diluted share, for the fourth quarter ending June 30, from $23.5 million net profit (77 cents a share) a year earlier. CACI exceeded analysts’ expectations of 92 cents a share. Quarterly revenue increased 11 percent to $728.9 million. CACI still expects a per-share profit of between $3.20 to $3.40 a share for fiscal ’10, ending next summer, in line with analysts’ expectations of $3.34 a share.
CACI Reports 23% Quarterly Profit Increase
Related Articles
Al White, formerly a vice president at CACI International (NYSE: CACI), has joined counter-unmanned aircraft system platform builder Black Sage Technologies as CEO. He replaces Darryl Wilkerson, an Acorn Growth Companies partner who led the cUAS technology provider in an interim capacity, Black Sage said Monday. White most recently worked at defense engineering services company
John Mengucci, president and CEO for CACI International, was presented his 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office. Executive Mosaic is excited to announce and recognize John Mengucci as a three-time winner of the most prestigious award in all of government contracting (GovCon), which is a testament to his
TYSONS CORNER, VA, Aug. 3, 2022 — CACI International (NYSE: CACI) will assist in the U.S. Navy’s digital transformation efforts by providing mission expertise for moving programs of record into new or modernized technology systems, ExecutiveBiz reported. The company’s work in support of the service branch’s Digital Integration Support Cell and Naval Surface Warfare Center