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Tag Archives: revenue

SAIC Reports Q2 Increase in Revenue, Operating Cash Flow; Wells Fargo Analysts Provide Stock Recommendation

Analysts at Wells Fargo Securities reiterated an outperform rating with a $92 price target for Science Applications International Corp.'s (NYSE: SAIC) stock after the government services provider announced its second quarter fiscal 2020 financial results.

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SAIC Reports 37% Growth in Q1 FY 2020 Revenue; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) saw its revenue for the first quarter of fiscal year 2020 increase 37 percent to $1.6B and recorded $178M in net cash provided by operating activities, up 102 percent from the prior-year period. SAIC said Thursday contract awards for Q1 FY 2020 reached $1.9B and net bookings hit $1.4B with a book-to-bill ratio of 0.9.

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McAleese & Associates: Sales of Northrop Climbed 22% to $8.2B in Q1 2019

A new McAleese & Associates report says Northrop Grumman (NYSE: NOC) saw its sales rise 22 percent to $8.2B in the first quarter of 2019 and recorded a sector operating profit growth of 27 percent. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 winner, wrote the Falls Church, Va.-based …

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McAleese & Associates: Boeing’s Defense Business Posted $6.6B in Q1 2019 Sales

A new report by consulting firm McAleese & Associates says Boeing’s (NYSE: GD) defense, space and security business recorded $6.6B in sales for the first quarter of 2029, reflecting a 2 percent rise from the prior year period. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 …

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Iridium Records 12% Growth in Q1 2019 Revenue; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) reported $133.7M in total revenue for the first quarter of 2019, up 12 percent from the same period last year. The company said Tuesday the total number of billable subscribers rose to 1.15M in Q1 2019, showing a year-over-year growth of 16 percent associated with the …

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SAIC Reports 5% Growth in Full FY 2019 Revenue, $14B in Total Backlog; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) saw its full fiscal year 2019 revenue grow 5 percent to $4.66B and ended the year with an estimated total backlog of $13.8B of which $2.8B was funded. SAIC said Thursday it recorded $220M in FY 2019 operating income with diluted earnings per share …

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