Why SAIC Stock Is Down Today
SAIC(SAIC) The Motley Fool·2024-03-18 23:06
Defense tech specialist Science Applications International (SAIC -9.70%) missed quarterly expectations due to expenses tied to its CEO transition. Investors are taking a harsh view, sending SAIC shares down 10% as of 10:30 ET on Monday. A bottom-line miss despite strong sales SAIC provides IT, tech, and engineering services to a range of government and defense customers. The company earned 1.47 consensus. Revenue ...