secwatch.observer — SEC 8-K summary
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Issuer:     Science Applications International Corp (SAIC)
CIK:        0001571123
Form:       8-K
Filed at:   2023-12-04T23:59:59+00:00
Accession:  0001571123-23-000133
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SAIC Q3 FY2024 beats; raises revenue and EPS guidance; organic revenue up 10.6%
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- Q3 revenue $1.895B (-1% reported, +10.6% organic); net income $93M; adj. diluted EPS $2.27 (+19% YoY).
- Adj. EBITDA margin 9.4% (+50 bps); transaction-adj. FCF $148M (+21% YoY).
- Backlog $23.1B with book-to-bill 1.3; notable awards: Space Force $575M and intelligence awards ~$1.1B.
- FY2024 guidance raised: revenue $7.325-$7.350B; adj. diluted EPS $7.70-$7.90 (prior $7.20-$7.40).
- Quarterly dividend $0.37/share declared; $124M capital deployed (buybacks, dividends, capex).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571123/000157112323000133/0001571123-23-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571123/000157112323000133/saic-20231204.htm
  HTML page:      https://secwatch.observer/filing/0001571123-23-000133

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