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Mar 31, 2020
CACI Q3 2020 Earnings Report
CACI's Q3 2020 results were announced, featuring revenue growth and strong profitability.
Key Takeaways
CACI International Inc reported strong third quarter results with a 15.9% increase in revenue to $1.47 billion and an 18.2% increase in net income to $80.6 million. The company highlighted robust cash flow from operations and contract awards of $1.4 billion. Despite an estimated $10 million revenue impact from COVID-19, CACI reiterated its fiscal year 2020 guidance.
Revenue increased by 15.9% year-over-year to $1.47 billion.
Net income rose by 18.2% year-over-year to $80.6 million.
Contract awards totaled $1.4 billion, with approximately 50% for new business.
The company reiterated its fiscal year 2020 guidance, despite COVID-19 impacts.
Revenue by Segment
Forward Guidance
CACI's business continues to perform well despite the COVID-19 pandemic, and the company believes these effects are reflected in their previously-provided guidance ranges.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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