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CACI International Inc reports developments tied to its role as a national security technology provider for U.S. government customers, including intelligence, defense and federal civilian agencies. Company updates commonly cover task orders and contracts for satellite communications, software development, sustainment, systems engineering, cloud migration and government modernization programs.
Recurring announcements also include quarterly results, conference participation, leadership changes and technology capabilities such as secure hybrid cloud, optical communications, sensing hardware and space-related mission support. Following the completed ARKA Group acquisition, CACI news also reflects electro-optical/infrared imaging, hyperspectral imaging, geospatial intelligence and Agentic AI-based software within its national security portfolio.
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CACI International Inc (NYSE: CACI) reported fiscal Q3 results for the period ending March 31, 2023. The company achieved revenues of $1.7 billion, marking a 10% YoY growth. Net income reached $100.7 million, equivalent to a diluted EPS of $4.33. Adjusted net income was $114.5 million with an adjusted diluted EPS of $4.92. CACI also reported an adjusted EBITDA of $191.8 million and an adjusted EBITDA margin of 11.0%. Notably, CACI raised its fiscal year 2023 guidance for revenue and adjusted earnings based on strong year-to-date performance. The backlog increased to $25.3 billion, up 8% YoY, with contract awards in Q3 totaling $1.1 billion. Highlights included a $100 million contract extension with the Air Force.
CACI International Inc (NYSE: CACI) is set to release its financial results for the fiscal 2023 third quarter after market close on April 26, 2023. A conference call with the company's senior management will follow on April 27, 2023, at 8:00 am Eastern Time, where they will discuss the results and participate in a question-and-answer session.
Investors can access the live call and related materials on CACI's investor relations website. The company emphasizes its commitment to delivering strong shareholder value, with approximately 22,000 employees dedicated to addressing complex enterprise and mission challenges.
CACI International Inc (NYSE:CACI) hosted a booth at the Navy League's Sea Air Space STEM Expo on April 2, where children participated in a "Candy Drop" experiment. This engaging activity allowed kids to innovate by creating solutions to protect a candy cane dropped from six feet. CACI's participation highlights its commitment to promoting STEM education, as this marks its third year sponsoring the event. Through its CACI Cares philanthropy program, the company aims to inspire young minds to pursue careers in STEM while tackling national security challenges. CACI positions itself as a leader in providing technology and expertise for critical missions.
CACI International Inc (NYSE:CACI) has strengthened its community involvement through a partnership with Friends of Family Services, assisting military families at Hanscom Air Force Base, Massachusetts. This initiative, part of CACI Cares, provides essential services such as Thanksgiving dinners, holiday parties, and support items for families in transition. CACI’s contributions reflect its commitment to military families and have facilitated numerous community events since the partnership began in 2022. The organization’s director highlighted the importance of these services in easing the burdens faced by military families during relocations.
CACI International Inc (NYSE: CACI) announced its participation in the Raymond James & Associates 44th Annual Institutional Investors Conference on March 6, 2023, at 1:40 p.m. ET. The company's CFO, Jeff MacLauchlan, will host a 'fireside chat' during the event. A live audio webcast will be available on the CACI Investor Relations website, with a replay accessible for 30 days following the presentation. CACI is recognized as a Fortune World's Most Admired Company and is a member of several major indices, reflecting its strong shareholder value.
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