SAIC reports Q3 adjusted EPS $2.61, consensus $2.16

Reports Q3 revenue $1.98B, consensus $1.93B. “Our results in the third quarter demonstrate progress towards meeting our near-term financial goals and executing our long-term strategy to drive profitable growth and value for our customers and shareholders,” said SAIC (SAIC) CEO Toni Townes-Whitley. “We again delivered better than expected revenue in the quarter with strong profitability. We are accelerating the velocity and volume of our business development and now expect to exceed $25B in submissions this year compared to our prior target of $22B. It’s our expectation that our increased submissions will ultimately translate into an improving book-to-bill and accelerating growth in Fiscal Year 2026. As a best-in-class mission integrator, we leverage emerging technologies to help the government operate better, faster, and more efficiently and our expanding pipeline of opportunities reflects the value we provide.”