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Dec 31, 2020

CACI Q2 2021 Earnings Report

CACI's Q2 2021 financial results were reported, showcasing revenue growth and increased profitability.

Key Takeaways

CACI International Inc. reported a 5.2% year-over-year increase in revenue, reaching $1.469 billion for its fiscal 2021 second quarter. Net income increased by 34.5% year-over-year to $106.5 million. The company also had strong cash flow from operations and contract awards of $2.1 billion.

Revenue increased by 5.2% year-over-year to $1.469 billion.

Net income increased by 34.5% year-over-year to $106.5 million.

Contract awards totaled $2.1 billion.

The company reaffirmed its fiscal year 2021 guidance.

Total Revenue
$1.47B
Previous year: $1.4B
+5.2%
EPS
$4.18
Previous year: $3.11
+34.4%
Gross Profit
$522M
Previous year: $110M
+373.4%
Cash and Equivalents
$102M
Previous year: $68.6M
+48.8%
Total Assets
$5.85B
Previous year: $5.53B
+5.9%

CACI

CACI

CACI Revenue by Segment

Forward Guidance

CACI reaffirmed its FY21 guidance, with revenue expected to be between $6.05 billion and $6.25 billion, net income between $372 million and $392 million, and diluted earnings per share between $14.47 and $15.25.

Revenue & Expenses

Visualization of income flow from segment revenue to net income