(RTTNews) - Science Applications International Corporation (SAIC) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $98 million, or $2.00 per share. This compares with $39 million, or $0.74 per share, last year.
Excluding items, Science Applications International Corporation reported adjusted earnings of $126 million or $2.57 per share for the period.
Analysts on average had expected the company to earn $2.09 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.8% to $1.838 billion from $1.737 billion last year.
Science Applications International Corporation earnings at a glance (GAAP) :
-Earnings: $98 Mln. vs. $39 Mln. last year. -EPS: $2.00 vs. $0.74 last year. -Revenue: $1.838 Bln vs. $1.737 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
