{"schema_version":"secwatch.filing_event.v1","accession":"0001571123-23-000079","form_type":"8-K","ticker":"SAIC","cik":"0001571123","company_name":"Science Applications International Corp","filed_at":"2023-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.458633+00:00","generated_at":"2026-06-14T07:21:33.552989+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.82,"calibrated_materiality_score":0.82,"confidence":"high","headline":"SAIC Q1 revenue $2.03B (+2% YoY), EPS $1.79 ($2.14 adj); raises FY2024 guidance, CEO transition to Townes-Whitley","bullets":["Net income $98M, diluted EPS $1.79 (adjusted $2.14); revenue $2.03B (+2% YoY, +3.5% adj for FSA deconsolidation).","Adjusted EBITDA margin 9.3% (up 60 bps YoY); free cash flow $76M; net bookings $2.1B, book-to-bill 1.1x.","Raises FY2024 revenue guidance to $7.125-$7.225B (prev $7.05-$7.20B) and adj EPS to $7.00-$7.20 (prev $6.80-$7.00).","CEO Nazzic Keene to retire Oct 2; succeeded by Toni Townes-Whitley; L&SCM business sold for $355M to ASRC Federal.","Declared $0.37/share dividend; $70M share repurchases; invested $5M in Morpheus Data for cloud automation."],"urls":{"canonical":"https://secwatch.observer/filing/0001571123-23-000079","json":"https://secwatch.observer/filing/0001571123-23-000079.json","markdown":"https://secwatch.observer/filing/0001571123-23-000079.md","text":"https://secwatch.observer/filing/0001571123-23-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1571123/000157112323000079/0001571123-23-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1571123/000157112323000079/saic-20230605.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T07:21:33.552989+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab0b1762b01cab12b74316316076a8ec9489971c","claim":"Science Applications International Corp reported first quarter ended May 5, 2023 results: revenue $2.03 billion, net income $98 million, EPS $1.79. Guidance raised.","evidence_excerpt":"SAIC Announces First Quarter of Fiscal Year 2024 Results • Revenues of $2.03 billion; 2% revenue growth, 3.5% growth adjusted for impact of deconsolidation of Forfeiture Support Associates joint venture • Net income of $98 million; Adjusted EBITDA (1) of $189 million or 9.3% as a % of revenues • Diluted earnings per share: $1.79; Adjusted diluted earnings per share (1) : $2.14 • Net bookings of $2.1 billion resulting in a book-to-bill of 1.1x in the quarter • Company increases revenue and adjusted diluted EPS (1) guidance for fiscal year 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571123/000157112323000079/0001571123-23-000079-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended May 5, 2023"},{"label":"Revenue","value":"$2.03 billion"},{"label":"Net income","value":"$98 million"},{"label":"EPS","value":"$1.79"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}