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CACI International Inc (symbol: CACI) is a leading information solutions and services provider, primarily serving U.S. government agencies and departments. Recognized as one of Fortune Magazine's World's Most Admired Companies in the IT services sector, CACI plays a crucial role in national security missions and government transformation initiatives. The company operates through various subsidiaries in the United States and Europe, providing a wide range of services including intelligence, defense, and federal civilian support.
Established as a member of the Fortune 1000 largest companies, the Russell 2000 index, and the S&P SmallCap 600 index, CACI proudly employs over 16,300 professionals across 120 offices worldwide. This extensive network enables CACI to deliver top-notch solutions tailored to the unique needs of its clients, ensuring efficiency and security in their operations.
In recent years, CACI has made significant strides in expanding its service offerings and strengthening its market position. Through strategic partnerships and innovative projects, the company continues to enhance its capabilities in cybersecurity, data analytics, and digital transformation. These advancements not only reinforce CACI's commitment to supporting government operations but also position the company as a key player in the global IT services industry.
The company's financial health is robust, underpinned by a strong revenue stream from long-term government contracts. CACI's focus on maintaining high standards of service delivery and operational excellence has earned it a reputation for reliability and expertise. As the landscape of national security and government operations evolves, CACI remains at the forefront, adapting to emerging challenges and opportunities.
For more information on CACI International Inc, visit their official website at www.caci.com.
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.
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