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Oct 30, 2020
SAIC Q3 2021 Earnings Report
SAIC's Q3 2021 results reflected strong financial performance and momentum with the second straight quarter of highest book-to-bill and backlog.
Key Takeaways
SAIC announced Q3 2021 results with revenues of $1.8 billion, a 12% increase. Diluted EPS was $1.02, and adjusted diluted EPS was $1.62. Net bookings reached $5.0 billion, resulting in a record book-to-bill ratio of 2.7.
Revenues increased by 12% to $1.8 billion, but contracted by 0.7% excluding acquired revenues.
Diluted earnings per share were $1.02, while adjusted diluted earnings per share were $1.62.
Net bookings totaled $5.0 billion, leading to a book-to-bill ratio of 2.7.
Cash flows from operating activities amounted to $231 million.
Forward Guidance
The updated guidance assumes the potential program impact of the COVID-19 pandemic to be $250 million in revenue and $35 million in adjusted EBITDA, unchanged from previous estimates.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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