Science Applications International Corp. (NASDAQ:SAIC) stock rose Monday after the government services contractor reported fiscal first-quarter 2027 results that topped Wall Street estimates and raised its full-year profit outlook.
“I am proud of our team’s performance this quarter, delivering record margin and modest organic growth,” said Chief Executive Officer Jim Reagan.
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SAIC Revenue, Earnings Beat Expectations
Revenue rose 2% year over year to $1.91 billion, exceeding the analyst consensus estimate of $1.82 billion. Adjusted earnings per share came in at $3.23, well above estimates of $2.29.
