Executive Mosaic is honored to announce that for the fourth time in her career, SAIC CEO Nazzic Keene, has received the Wash100 Award. Keene has earned a 2021 Wash100 Award for her leadership as SAIC acquired Unisys Federal and reorganized the company’s business structure to advance future growth priorities heading into 2021 and beyond.
Read More »Qualtrics Stock Jumps 38% in Public Market Debut
Qualtrics International (Nasdaq: XM), an experience management software developer that has spun out of SAP (NYSE: SAP), opened trading Thursday at a price of $41.85 per share, with a valuation of approximately $24.5 billion, The Wall Street Journal reported. The opening price represented an increase of nearly 40 percent over …
Read More »Phebe Novakovic: General Dynamics IT, Mission Systems Segments Now Report Earnings Under Technologies Group
Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a six-time Wash100 awardee, said the company merged its information technology and mission systems business segments into a single reporting unit called the technologies group, the Washington Business Journal reported Wednesday. “This new reporting reflects the way we manage …
Read More »NVIDIA Reports Q3 FY 2021 Revenue Growth of 57%; Jensen Huang Quoted
NVIDIA (Nasdaq: NVDA) reported $4.73B in revenue during the third quarter of fiscal year 2021, up 57 percent from the same period last year. The company paid $99M in quarterly cash dividends and saw its GAAP diluted earnings per share rise 46 percent to $2.12 in Q3 FY 2021, up from $1.45 a year earlier.
Read More »James Taiclet: Hypersonic Weapons Programs Drive Growth in Lockheed’s Space Segment
James Taiclet, president and CEO of Lockheed Martin (NYSE: LMT), said the company saw earnings growth in the space segment and attributed the increase to hypersonic weapons programs, Defense News reported Tuesday.
Read More »Accenture Reports Q3 FY 2020 Results; Julie Sweet Quoted
Accenture (NYSE: ACN) has reported financial results for the third quarter of fiscal 2020, ended May 31, 2020, reporting revenues of $11.0 billion, a decrease of one percent over the same period last year, the company announced on Thursday.
Read More »CenturyLink Announces Pricing of Private Offering of Level 3 Financing Senior Notes
CenturyLink (NYSE: CTL) reported Thursday that its Level 3 Financing subsidiary has agreed to sell $1.2 billion aggregate principal amount of unsecured 4.250 percent senior notes due 2028 pursuant to the private offering.
Read More »Phebe Novakovic: General Dynamics Posts Modest Q1 Defense Biz Growth, Maintains Strong Balance Sheet
General Dynamics' (NYSE: GD) defense businesses earned $7.1B in total revenue for its fiscal 2020 first quarter that ended March 29, a modest increase from the same period last year. "In this time of crisis and uncertainty, our balance sheet remains strong," Phebe Novakovic, chairman and CEO of General Dynamics and a 2020 Wash100 awardee, told analysts in an earnings call Thursday.
Read More »Zacks: Vectrus Expected to Record 1.8% Rise in Q1 2020 Revenue
Vectrus (NYSE: VEC) is expected to report $331.84M in revenues for the first quarter ended March 2020, which represents a 1.8 percent increase from the prior-year period, Zacks reported Tuesday. According to Zacks consensus estimate, the Colorado Springs, Colo.-based government services contractor is expected to record $0.77 in Q1 earnings per share, a figure that reflects a year-over-year increase of 11.6 percent.
Read More »State Street Releases Pricing of Fixed-to-Floating Rate Senior Notes Offering
State Street Corp. announced that it has priced an offering of $750 million aggregate principal amount of 2.825 percent Fixed-to-Floating Rate Senior Notes due 2023, $500 million aggregate principal amount of 2.901 percent Fixed-to-Floating Rate Senior Notes due 2026 and $500 million aggregate principal amount of 3.152 percent Fixed-to-Floating Rate Senior Notes due 2031.
Read More »