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SAIC Announces Fourth Quarter and Full Fiscal Year 2022 Results
Q4 revenues of $1.8 billion, 4% growth; FY22 revenues of $7.4 billion, 5% growth Q4 adjusted EBITDA(1) as a % of revenues of 8.2%; 9.3% for fiscal year 2022
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[{"type":"text","content":"\n\nQ4 revenues of $1.8 billion, 4% growth; FY22 revenues of $7.4 billion, 5% growth\n\n\nQ4 adjusted EBITDA(1) as a % of revenues of 8.2%; 9.3% for fiscal year 2022\n\n\nQ4 diluted earnings per share: $0.76; adjusted diluted earnings per share(1): $1.50\n\n\nBook to bill of 1.2 for the fourth quarter; 1.3 for fiscal year 2022; backlog strong at $24.1 billion\n\n\nRepurchased $211 million of shares in FY22, representing 4% of diluted shares\n\n\n RESTON, Va.--(BUSINESS WIRE)--\nScience Applications International Corporation (NYSE: SAIC), a premier Fortune 500® technology integrator driving our nation's digital transformation across the defense, space, civilian, and intelligence markets, today announced results for the fourth quarter and full fiscal year ended January 28, 2022.\n\n“I am proud of the team's performance in fiscal year 2022 with financial results reflecting our commitment to the mission while delivering value to shareholders,” said Nazzic Keene, SAIC Chief Executive Officer. “Our focus to begin fiscal year 2023 is on positioning our portfolio to maximize value for all stakeholders. The outlook we are providing demonstrates our ability to increase free cash flow and capital returns to shareholders while investing internally to drive growth.”\n\nFourth Quarter and Full Fiscal Year 2022: Summary Operating Results\n\n\n\n \n\n\n\n \n\n\n\nThree Months Ended\n\n\n\n \n\n\n\nYear Ended\n\n\n\n\n\n \n\n\n\n \n\n\n\nJanuary 28,\n\n\n2022\n\n\n\n \n\n\n\nPercent\n\n\nchange\n\n\n\n \n\n\n\nJanuary 29,\n\n\n2021\n\n\n\n \n\n\n\nJanuary 28,\n\n\n2022\n\n\n\n \n\n\n\nPercent\n\n\nchange\n\n\n\n \n\n\n\nJanuary 29,\n\n\n2021\n\n\n\n\n\n \n\n\n\n \n\n\n\n(in millions, except per share amounts)\n\n\n\n\n\nRevenues\n\n\n\n \n\n\n\n$\n\n\n\n1,782\n\n\n\n \n\n\n\n \n\n\n\n4\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n1,717\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n7,394\n\n\n\n \n\n\n\n \n\n\n\n5\n\n\n\n%\n\n\n\n \n\n\n\n$\n\n\n\n7,056\n\n\n\n \n\n\n\n\n\nOperating income\n\n\n\n \n\n\n\n \n\n\n\n85\n\n\n\n \n\n\n\n \n\n\n\n(17\n\n\n\n)%\n\n\n\n \n\n\n\n \n\n\n\n102\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n462\n\n\n\n \n\n\n\n \n\n\n\n18\n\n\n\n%\n\n\n\n \n\n\n\n \n\n\n\n390\n\n\n\n \n\n\n\n\n\nOperating income as a percentage of revenues\n\n\n\n \n\n\n\n \n\n\n\n4.8\n\n\n\n%\n\n\n\n \n\n\n\n-110 bps\n\n\n\n \n\n\n\n \n\n\n\n5.9\n\n\n\n%\n\n\n\n \n\n\n\n \n\...
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