Earnings release
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CACI Reports Results for Its Fiscal 2021 Second Quarter Revenue of $ 1.5 billion , + 5.2 % year - over - year Net income of $ 106.5 million , + 34.5 % year - over - year Robust cash flow from operations Contract awards of $ 2.1 billion Reaffirms Fiscal Year 2021 Guidance Arlington , Va . , January 27 , 2021 CACI International Inc ( NYSE : CACI ) , a leading provider of expertise and technology to government enterprise and mission customers , announced results today for its second fiscal quarter ended December 31 , 2020 . CEO Commentary and Outlook John Mengucci , CACI's President and CEO , said , “ We delivered solid organic growth , and our focus on delivery and operational excellence again drove strong profitability and robust cash flow . We also won a healthy level of contract awards in what is typically a seasonally light quarter . We are confident in our ability to continue to deliver value to our customers and shareholders . " Second Quarter Results ( in millions except earnings per share and DSO ) Revenue Q2 , FY21 Q2 , FY20 % Change $ 1,468.7 $ 1,395.5 5.2 % Operating income $ 141.5 $ 110.2 28.5 % Net income $ 106.5 $ 79.2 34.5 % Diluted earnings per share $ 4.18 $ 3.11 34.4 % Net cash provided by operating activities $ 189.8 $ 117.5 61.6 % excluding MARPA¹ Adjusted earnings before interest , taxes , depreciation and amortization ( EBITDA ) , $ 174.6 $ 140.9 23.9 % a non - GAAP measure² Days sales outstanding ( DSO ) ³ 53 60 ( 1 ) Second quarter FY21 and second quarter FY20 net cash provided by operating activities exclude CACI's Master Accounts Receivable Purchase Agreement ( MARPA ) . For more details , see the Reconciliation of Net Cash Provided by Operating Activities to Net Cash Provided Operating Activities Excluding MARPA on page 10 of this release . ( 2 ) See the Reconciliation of Net Income to Adjusted Earnings Before Interest , Taxes , Depreciation and Amortization ( EBITDA ) on page 10 of this release . ( 3 ) The DSO calculations for second quarter FY21 and second quarter FY20 exclude the impact of the Company's MARPA , which was 10 days and 9 days , respectively . 1