Science Applications reported second-quarter non-GAAP earnings per share of $3.01, beating estimates by $0.70, and revenue of $1.88 billion, up 6.2% year over year and $120 million above expectations. The revenue increase was driven by higher volume on existing and new contracts and the SilverEdge acquisition, which contributed $20 million, partially offset by contract completions. Net bookings were $1.2 billion, with a quarterly book-to-bill ratio of 0.6 and a trailing twelve-month ratio of 0.8. The company raised its fiscal year 2027 guidance, now expecting revenue between $7.2 billion and $7.3 billion, up from the prior range of $7.0 billion to $7.2 billion, and adjusted diluted EPS of $10.65 to $10.75, up from $9.90 to $10.10.
Science Applications International Corporation Common StockQ2 EPS and revenue beat estimates and the company raised its FY2027 revenue and EPS guidance.
