CACI International Inc (NYSE: CACI), a leading information solutions and services provider to the federal government, announced results today for its second fiscal quarter ended December 31, 2013.
CEO Commentary and Outlook
Ken Asbury, CACI’s President and CEO, said, “Our results reflect solid execution of our strategy during a difficult period for our customers and our industry. During the quarter, we secured significant contract awards, received solid contract funding, and grew CACI net income by 8 percent, excluding Six3 Systems. We completed the acquisition of Six3 Systems, Inc., which positions CACI as a leader in advanced intelligence and cyber security offerings to our national security customers. Six3 brings a unique set of signals intelligence and cyber capabilities that are increasingly essential to protecting our country against growing international threats.
“We remain focused on those factors that we control, which contribute to profitability and build and deliver future shareholder value: winning new business, delivering consistent value to our customers, and using our capital to make investments that improve our future performance.”Second Quarter Results
|(in millions except per-share data)||Q2, FY14||Q2, FY13||% Change|
|Net income attributable to CACI||$35.0||$39.7||-11.9%|
|Diluted earnings per share||$1.38||$1.69||-18.0%|