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CACI Reports Results for Its Fiscal 2019 Fourth Quarter and Full Year

Nachrichtenquelle: Business Wire (engl.)
14.08.2019, 22:15  |  219   |   |   

CACI International Inc (NYSE: CACI), a leading information solutions and service provider to the federal government, announced results today for its fourth fiscal quarter and full year ended June 30, 2019.

CEO Commentary and Outlook

John Mengucci, CACI’s President and CEO, said, “We delivered strong performance across the company in Fiscal Year 2019, setting new records for revenue, operating profitability, operating cash flow, contract awards and funding, and year-end backlog. In addition, our results were within our stated range of one to four percent organic revenue growth above our addressable market and achieved our annual goal of 10 to 30 basis points of margin expansion. We also made several strategic and financially attractive acquisitions that further enhance our mission focus and market differentiation. Our winning strategy and record performance in FY19 positions CACI for continued success in Fiscal Year 2020 and beyond.”

Fourth Quarter Results as Reported

(in millions except per-share data)

Q4, FY19

Q4, FY18

% Change

Revenue

$1,373.9

$1,170.1

17.4%

Operating income

$81.1

$80.3

0.9%

Net income

$50.0

$51.8

-3.5%

Diluted earnings per share

$1.96

$2.05

-4.0%

Fourth Quarter Results Assuming Tax Reform was in Place for Fiscal 2018 (1)

(in millions except per-share data)

Q4, FY19

Q4, FY18

% Change

Revenue

$1,373.9

$1,170.1

17.4%

Operating income

$81.1

$80.3

0.9%

Net income assuming a full year of tax reform(1)

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