Tag Archives: fiscal year

SAIC Reports Q3 FY 2021 Financial Results; Nazzic Keene Quoted

Nazzic Keene

Science Applications International Corporation (SAIC) has announced results for the third quarter ended October 30, 2020. SAIC has estimated that the third quarter program impact from the COVID-19 pandemic to be approximately $60 million of revenue and $9 million of adjusted EBITDA. The impacts were driven by reduced volume in SAIC’s supply chain business, lower FAA training service revenues,and uncertain profit recovery on ready-state labor. 

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VMware Reports Q3 FY 2021 Results; Pat Gelsinger Quoted

Pat Gelsinger

VMware has announced financial results for the third quarter of fiscal 2021, reporting revenue for the third quarter of $2.86 billion, an increase of eight percent from the third quarter of fiscal 2020. The combination of subscription and SaaS and license revenue was $1.32 billion, an increase of ten percent from the third quarter of fiscal 2020.

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PAE Reports Q3 2020 Financial Results; John Heller Quoted

John Heller

PAE has announced third quarter 2020 financial and operating results, reporting revenues of $666.2 million, decreased $31.5 million. The decrease was attributable to a $53.3 million impact from COVID-19. "We are delivering strong financial results and achieving our growth, profitability and capital structure initiatives in accordance with our strategy,” said John Heller, president and CEO of PAE, and 2020 Wash100 Award recipient. 

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Leidos Reports Third Quarter FY2020 Results; Roger Krone Quoted

Roger Krone

Leidos Holdings has published financial results for the third quarter of fiscal year 2020, reporting revenues of $3.24 billion, compared to $2.84 billion in the prior year quarter. The company’s revenues for the quarter included $302 million and $74 million related to the acquisitions of Dynetics, Inc. and L3Harris Technologies' security detection and automation (SD&A) businesses, respectively.

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VMware Reports Q2 FY 2021 Financial Results; Pat Gelsinger, Zane Rowe Quoted

Pat Gelsinger

VMware has announced financial results for the second quarter of fiscal 2021, reporting revenue for the second quarter as $2.88 billion, an increase of 9 percent from the second quarter of fiscal 2020. VMware announced that the combination of subscription and SaaS and license revenue was $1.35 billion, an increase of 11 percent from the second quarter of fiscal 2020. 

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Booz Allen Hamilton Holding Corp. Announces Q1 FY 2021 Results; Horacio Rozanski Quoted

Horacio Rozanski

Booz Allen Hamilton has announced preliminary results for the first quarter of fiscal 2021. Booz Allen Hamilton reported a book-to-bill of 2.2x and client delivery remained high due to enhanced staff productivity, and effective virtual recruiting drove headcount growth. 

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Accenture Reports Second-Quarter Fiscal 2020 Results; Julie Sweet Quoted

accenture-reports-second-quarter-fiscal-2020-results-julie-sweet-quoted

Accenture has reported financial results for the second quarter of fiscal 2020, ended Feb. 29, 2020, with revenues of $11.1 billion, an increase of 7 percent in U.S. dollars and 8 percent in local currency over the same period last year, the company announced on Thursday

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