CACI International raises sales forecast for financial year 2025. $CACI (+0.24%)
CACI International Inc (NYSE: CACI), a leading provider of information technology and professional services, reported strong results for the first quarter of fiscal 2025, with revenue increasing 11% to nearly $2.1 billion. The company also raised its revenue guidance for fiscal 2025 to $8.1 billion to $8.3 billion, with a sizable backlog of $32.4 billion, indicating positive long-term growth prospects. Adjusted earnings per share (EPS) are expected to increase to USD 22.89 to 23.78. These results reflect CACI's strategic acquisitions and robust market performance, while emphasizing the company's focus on national security priorities and shareholder value.
Key Takeaways:
- CACI International reported revenue growth of 11% in the first quarter of fiscal 2025 to nearly $2.1 billion.
The company raised its revenue guidance for FY 2025 to USD 8.1 to 8.3 billion, reflecting strong organic growth and acquisitions.
- Adjusted earnings per share are expected to increase to USD 22.89 to 23.78.
- The order backlog increased to USD 32.4 billion, demonstrating robust long-term visibility.
- Strategic acquisitions of Applied Insight and Azure Summit are key to CACI's growth strategy.
- The company remains focused on national security priorities and increasing shareholder value.
Company Outlook:
- CACI expects approximately 89% of fiscal 2025 revenue to come from existing programs.
- The company is confident about its long-term growth potential, with significant offers under evaluation.
- An investor day is planned for November 8th to provide further updates.
