SAIC: Fiscal Q3 Earnings Snapshot

RESTON, Va. (AP) — RESTON, Va. (AP) — Science Applications International Corp. (SAIC) on Thursday reported fiscal third-quarter profit of $78 million.

The Reston, Virginia-based company said it had profit of $1.69 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $2.58 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.

The information technology company posted revenue of $1.87 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.86 billion.

SAIC expects full-year earnings in the range of $9.80 to $10 per share, with revenue in the range of $7.28 billion to $7.33 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAIC at https://www.zacks.com/ap/SAIC