SAIC announced its Q4 FY24 results, with revenues at $1.74 billion and a net income of $39 million. The adjusted EPS stood at $1.43, and the company reported cash flows from operating activities of $63 million. The company's FY25 guidance reflects higher revenue and free cash flow.
Q4 FY24 revenues reached $1.74 billion, demonstrating 7.7% organic growth.
Net income for Q4 FY24 was $39 million, with an adjusted EBITDA of $127 million, representing 7.3% of revenue.
Q4 FY24 diluted earnings per share was $0.74, while adjusted diluted earnings per share was $1.43.
Cash flows from operating activities in Q4 FY24 amounted to $63 million, with a transaction-adjusted free cash flow of $119 million.
SAIC provided its outlook for fiscal year 2025, with revenue expected to be between $7.35B and $7.50B, adjusted EBITDA margin between 9.2% and 9.4%, adjusted diluted EPS between $8.00 and $8.20, and free cash flow between $490M and $510M.
Visualization of income flow from segment revenue to net income