SAIC Stock Drops as Q1 Profit, Free Cash Flow Fall Short
1. SAIC's Q1 profit and cash flow fell short of expectations. 2. Adjusted EPS was $1.92, below analysts' forecast of $2.12. 3. Negative free cash flow of $44 million contrasts last year's positive $13 million. 4. CEO asserts ongoing progress amidst a dynamic operating environment. 5. SAIC reaffirms fiscal 2026 guidance despite recent challenges.