SAIC reports Q4 EPS $2.62, consensus $2.01

Reports Q4 revenue $1.75B, consensus $1.77B. “As previously announced on February 11, our fourth-quarter results reflected ongoing top-line challenges, balanced by strong operational execution that supports our ability to raise margin expectations moving forward,” said Jim Reagan, SAIC‘s (SAIC) Chief Executive Officer. “I am encouraged by the progress we are making and by the opportunities in front of us. Our plan is simple – we will focus on elements within our control to drive more consistent and reliable growth. With a career dedicated to operational excellence and value creation in our industry, I am honored to continue, as permanent CEO, building on SAIC’s solid foundation to deliver meaningful results to all stakeholders.”