earnings
confidence high
sentiment negative
materiality 0.70
CACI Q2 FY2023 revenues up 11% to $1.65B; FCF guidance cut to $320M+ due to tax payments
CACI INTERNATIONAL INC /DE/
2022-Q2 EPS reported
$7.44
revenue$3,255,175,000
- Revenue $1.65B (+11% YoY); net income $87.1M ($3.68 EPS); adjusted EPS $4.28 (down 2.5% YoY).
- Contract awards $3.5B (70% new business); includes DCSA $2.25B and NSA $284M awards.
- Total backlog $26.5B, up 10% YoY; funded backlog $3.2B.
- FY2023 guidance: revenue $6.475-6.675B, adj. EPS $17.65-18.49 unchanged; FCF guidance cut to $320M+ from $415M+ due to $95M tax payment.
- Q2 free cash flow $9.1M, down 92% YoY; operating cash flow (excl. MARPA) $22M, down 83%.