CACI International Sees FY25 EPS $22.44-$23.33 Vs $23.30 Est.; Revenue $7.9B-$8.1B Vs $7.91B Est.
Author: Benzinga Newsdesk | August 07, 2024 04:22pm
Fiscal Year 2025 Guidance
The table below summarizes our fiscal year 2025 guidance and represents our views as of August 7, 2024.
(in millions, except earnings per share)
Fiscal Year 2025 Guidance
Revenues
$7,900 - $8,100
Adjusted net income, a non-GAAP measure1
$505 - $525
Adjusted diluted earnings per share, a non-GAAP measure1
$22.44 - $23.33
Diluted weighted average shares
22.5
Free cash flow, a non-GAAP measure2
at least $425
(1)
Adjusted net income and adjusted diluted earnings per share are defined as GAAP net income and GAAP diluted EPS, respectively, excluding intangible amortization expense and the related tax impact. This non-GAAP measure should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. For additional information regarding this non-GAAP measure, see the related explanation and reconciliation to the GAAP measure included below in this release.
(2)
Free cash flow is defined as net cash provided by operating activities excluding MARPA, less payments for capital expenditures (capex). This non-GAAP measure should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. Fiscal year 2025 free cash flow guidance assumes approximately $55 million in tax payments related to Section 174 of the Tax Cuts and Jobs Act of 2017 and an approximately $40 million cash tax refund related to our method change enacted in fiscal year 2021. For additional information regarding this non-GAAP measure, see the related explanation and reconciliation to the GAAP measure included below in this release.
