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Dec 31, 2019

CACI Q2 2020 Earnings Report

CACI's second quarter results for fiscal year 2020 were reported, featuring revenue growth, strong profitability, and significant contract awards.

Key Takeaways

CACI International Inc. reported an 18.1% year-over-year increase in revenue, reaching $1.4 billion. Net income increased by 15.5% to $79.2 million, and contract awards were strong at $2.7 billion. The company raised its annual guidance for Fiscal Year 2020.

Revenue increased by 18.1% year-over-year to $1.4 billion.

Net income grew by 15.5% year-over-year to $79.2 million.

Contract awards totaled $2.7 billion, a 108% year-over-year increase.

Fiscal Year 2020 guidance was raised due to strong operating performance.

Total Revenue
$1.4B
Previous year: $1.18B
+18.1%
EPS
$3.11
Previous year: $2.71
+14.8%
Contract Awards
$2.71B
Previous year: $1.3B
+108.0%
Gross Profit
$110M
Previous year: $102M
+7.7%
Cash and Equivalents
$68.6M
Previous year: $70.7M
-2.9%
Total Assets
$5.53B
Previous year: $4.29B
+28.8%

CACI

CACI

CACI Revenue by Segment

Forward Guidance

CACI raised its FY20 guidance to account for the Company’s strong operating performance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income