Reports Q1 revenue $2.057B, consensus $1.92B. “In the first quarter, CACI (CACI) delivered exceptional financial results across the board with revenue growth of 11%, healthy profitability and cash flow, and strong awards and backlog. In addition, we demonstrated our flexible and opportunistic approach to capital deployment by announcing two strategic acquisitions, Azure Summit Technology and Applied Insight,” said John Mengucci, CACI President and Chief Executive Officer. “Our continued momentum allows us to raise our fiscal year 2025 guidance. CACI is well positioned to continue driving long-term value for our customers and our shareholders.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CACI:
- CACI awarded $805M task order for engineering support for U.S. NavalX Office
- CACI Earnings this Week: How Will it Perform?
- CACI price target raised to $555 from $520 at JPMorgan
- CACI acquires Applied Insight in all-cash transaction
- CACI price target raised to $577 from $525 at Wells Fargo
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.