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Sunday, Sep 25, 2022
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SAIC Net Income Hits $105M in Third Quarter

SAIC reported net income of $105 million, or 25 cents per diluted share, on revenue of $2.37 billion in the third quarter ending Oct. 31.

Revenue grew 14 percent from the $2.08 billion in the year-ago quarter. Net income for that quarter was $98 million, or 28 cents per diluted share.

Also known as Science Applications International Corp., SAIC provides a variety of engineering services to the Department of Defense and other government agencies. The company, which announced its earnings Dec. 10, trades on the New York Stock Exchange as SAI.

, Brad Graves

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