India, June 2 -- Science Applications International Corporation (SAIC) reported a profit for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line totaled $68 million, or $1.42 per share. This compares with $77 million, or $1.48 per share, last year.
Excluding items, Science Applications International Corporation reported adjusted earnings of $92 million or $1.92 per share for the period.
Analysts on average had expected the company to earn $2.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.6% to $1.877 billion from $1.847 billion last year.
Science Applications International Corporation earnings at a glance (...