SAIC Stock Drops as Q1 Profit, Free Cash Flow Fall Short
From Yahoo Finance: 2025-06-02 09:57:00
Government contractor SAIC reported lower-than-expected first-quarter profit, causing shares to fall 9% after earnings per share came in at $1.92 on $1.88 billion revenue, missing analyst estimates. Free cash flow also disappointed at negative $44 million, with analysts expecting an increase to $91 million. SAIC CEO affirmed full-year outlook.
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