Shares of Science Applications International Corp. jumped 5% in premarket trading Monday, after the maker of components for the defense and space markets...
Shares of Science Applications International Corp.
jumped 5% in premarket trading Monday, after the maker of components for the defense and space markets reported fiscal first-quarter profit that was well above expectations and boosted its full-year outlook. Net income for the quarter to May 5 rose to $98 million, or $1.79 a share, from $74 million, or $1.29 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $2.14 beat the FactSet consensus of $1.83. Revenue grew 1.6% to $2.
jumped 5% in premarket trading Monday, after the maker of components for the defense and space markets reported fiscal first-quarter profit that was well above expectations and boosted its full-year outlook. Net income for the quarter to May 5 rose to $98 million, or $1.79 a share, from $74 million, or $1.29 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $2.14 beat the FactSet consensus of $1.83. Revenue grew 1.6% to $2.
raised its guidance ranges for adjusted EPS to $7.00 to $7.20 from $6.80 to $7.00 and for revenue to $7.125 billion to $7.225 billion from $7.05 billion to $7.20 billion. The stock has lost 7.1% over the past three months through Friday, while the S&P 500 SPX has gained 5.9%.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Science, Quickly: Why We're Worried about Generative AI on Apple PodcastsThe volume and speed of AI being rolled out could have unsettling consequences. 🎧 On this episode of Tech, Quickly, why people are so concerned about Generative AI? Listen now on Apple Podcasts 🔗
Weiterlesen »
The science behind being hangryNeuroscientists think a cluster of cells in the brain that stimulate appetite could be a target for eating disorder therapies.
Weiterlesen »
‘Science is for everyone:’ Local girls appear in PBS showThe girls were a little shy for their interviews. Luci Thompson, Logan Mosley and Saloni Patel have been friends since fourth grade and now they’re starring in an episode of a TV show. They didn’t seem accustomed to the applause they received from the audience. They’re just a group of friends who love science.
Weiterlesen »
Weight-loss drugs may also curb addictionsWeight-loss medications like Ozempic aren’t just helping people shed pounds.
Weiterlesen »
The mortality revolution, and the myth of the market: Books in briefAndrew Robinson reviews five of the best science picks.
Weiterlesen »
Amazon in talks to offer free mobile services to Prime members: ReportAT&T, Verizon and T-Mobile shares dropped following a report on Amazon mulling cell services.
Weiterlesen »