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SAIC Beats on Q4 EPS, Declares Special Dividend

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SAIC's (UNKNOWN: SAI.DL  ) results are in Q4 and fiscal 2012, and the numbers reveal a strong quarter. For Q4, revenue totaled $2.7 million, up from the $2.5 billion in the same period the previous year. The technology company swung to a net profit, at $186 million ($0.54 per diluted share) from Q4 2011's bottom-line loss of just under $161 million ($0.49).

Analysts had been expecting revenue of $2.7 billion and EPS of $0.51 for this most recent quarter.

For the full year, the top line was $11.2 billion, a 6% increase over the 2011 figure of $10.5 million. Net profit was significantly higher, at $525 million ($1.54 per diluted share) for the year versus 2011's $59 million ($0.18).

SAIC proffered guidance for its current fiscal year. The company believes it will post $10.0 billion to $10.7 billion in revenue, and diluted EPS of $1.16 to $1.33.

The company also declared a special dividend. It will hand out $1.00 per share on June 28 to shareholders of record as of June 14. This payout will be in addition to a regular quarterly payout of $0.12. The dates of the disbursement are April 30 and April 15, respectively.

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Related Tickers

12/31/1969 7:00 PM
SAI.DL $0.00 Down +0.00 +0.00%
SAIC CAPS Rating: ***