SAIC releases transcript of fiscal 2027 Q2 earnings call
SAIC•Fiscal Q2 results and updated guidance
SAIC discussed fiscal 2027 second-quarter results on an earnings call attended by CEO James Reagan, CFO Prabu Natarajan, and IR VP Jon Raviv.
- Quarter revenue was $1.9 billion, with organic growth of about 5%.
- Adjusted EBITDA was $193 million, with a margin of 10.3%.
- Free cash flow was $131 million.
- The company raised full-year guidance, with revenue midpoint at $7.25 billion, adjusted EBITDA margin of 10.3%–10.5%, and free cash flow of at least $600 million.
- Project ORBIT targets about $150 million in annual run-rate savings by the end of three years, with about $100 million earmarked for reinvestment.
- Book-to-bill was 0.6 in the quarter, and management modeled second-half on-contract growth of about 5%, with margins in the high 9% range.
