RESTON, Va. (AP) — RESTON, Va. (AP) — Science Applications International Corp. (SAIC) on Thursday reported fiscal third-quarter earnings of $106 million.
On a per-share basis, the Reston, Virginia-based company said it had net income of $2.13. Earnings, adjusted for amortization costs, were $2.61 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.
The information technology company posted revenue of $1.98 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.93 billion.
SAIC expects full-year earnings in the range of $8.50 to $8.65 per share, with revenue in the range of $7.43 billion to $7.48 billion.
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