CACI Stock Jumps 9% after Earnings Release; Profit Up 47%, EPS 54%, Revenue 11%

CACI International Inc. (NYSE: CACI) released its financial results for its 2012 first quarter ended Sept. 30.

Over three days this week, the company announced more than $1.1 billion in contract awards:

The company’s stock price jumped just under 9 percent in the after hours trading after the release.

The company reported that it generated $924.4 million in quarterly revenue, a 10.8 percent increase over the $834 million it reported for the first quarter of 2011.

The company saw operating income increase 45.2 percent to $75.7 million over that period, while net income rose 47.1 percent to $42.1 million.

Net income translated into earnings of $1.41 per diluted share versus 92 cents for the prior year period.

These results were computed in accordance with generally accepted accounting principles.


The company also released non-GAAP pro forma results that included liabilities from potential earn out payments it may have to pay to two companies it acquired in fiscal year 2010.

Including those liabilities, diluted earnings per share increased 47.5 percent to $1.40, net income rose 41.6 percent to $41.8 million and operating income grew 40.3 percent to $75.1 million year-over-year.

Check Also

Norm Tew VP and GM Boeing

Boeing Submits Bid for Next-Generation Interceptor Program; Norm Tew Quoted

Boeing (NYSE: BA) has submitted its proposal for the Missile Defense Agency’s Next-Generation Interceptor program and offered a design that builds on the company's six decades of experience in weapons systems and strategic missile development.


Deloitte to Help DoD Create AI Dev’t Environment Under $106M Task Order

Deloitte Consulting has received a potential four-year, $106.4M task order to provide a development environment for the Department of Defense's Joint Artificial Intelligence Center to test, validate and implement AI-based tools.