Science Applications International (NASDAQ:SAIC) reported mixed results for the second quarter on Thursday.
The company reported a quarterly sales decline of 3% year-on-year to $1.77 billion, missing the analyst consensus estimate of $1.86 billion. The adjusted EPS of $3.63 beat the analyst consensus estimate of $2.24.
Science Applications revised the 2026 revenue outlook to $7.250 billion-$7.325 billion (prior $7.60 billion-$7.75 billion), below the analyst consensus estimate of $7.65 billion.
The company revised its annual adjusted EPS outlook to $9.40-$9.60 (prior $9.10-$9.30) above the analyst consensus estimate of $9.17.
“Our revised guidance assumes that …