secwatch.observer — SEC 8-K summary
======================================

Issuer:     Science Applications International Corp (SAIC)
CIK:        0001571123
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001571123-23-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAIC Q4 revenue $1.97B (+10% YoY); announces $350M L&SCM sale to ASRC Federal
-----------------------------------------------------------------------------

- Q4 revenue $1.97B (+10% YoY); adjusted diluted EPS $2.04 vs $1.50 prior year.
- FY2023 revenue $7.70B (+4% YoY); adjusted diluted EPS $7.55 vs $7.27.
- Agreement to sell Logistics & Supply Chain Mgmt business for $350M cash; expected close H1 FY2024.
- FY2024 guidance: rev $7.05B–$7.20B, adj. EBITDA margin 9.2%–9.4%, adj. EPS $6.80–$7.00.
- Backlog $23.8B total; funded $3.6B; notable awards include $757M Army Enterprise Service Desk contract.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571123/000157112323000029/0001571123-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571123/000157112323000029/saic-20230403.htm
  HTML page:      https://secwatch.observer/filing/0001571123-23-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer