Sep. 5 at 2:06 PM
$SAIC crushes EPS estimates by 61.3%, but shares slide 6.9% on revenue miss 📉
Despite strong earnings driven by tax benefits and legal settlements, fiscal second-quarter revenue fell 3% year over year due to delays in new business awards and slower growth.
Full details and guidance changes here 👉 https://www.zacks.com/stock/news/2747472/saic-q2-earnings-beat-estimates-stock-falls-7-on-revenue-miss?cid=sm-stocktwits-2-2747472-body-11087&ADID=SYND_STOCKTWITS_TWEET_2_2747472_BODY_11087