CACI Reviews Record Financial Performance at Annual Shareholders Meeting

CACI Chairman Dr. Jack London addresses shareholders from the podium. CACI executives who participated included, from left, Greg Bradford, head of CACI's UK group; Tom Mutryn, Chief Financial Officer; Dan Allen, Chief Operating Officer; and Bill Fairl, President of U.S. Operations. CEO Paul Cofoni was attending pre-scheduled high-level client briefings.

On November 17, CACI held its 51st Shareholders Meeting, where it elected the Board of Directors for the coming year and reviewed its financial performance in fiscal year 2011 (ending June 30, 2011) and the first quarter of fiscal year 2012 (ending September 30, 2011). Bill Fairl, President of U.S. Operations, and Dan Allen, Chief Operating Officer, briefed the attendees.

In FY11, CACI set records for annual revenue and earnings, with $3.6 billion in revenue and $138.1 million in pro forma net earnings. The company also set all-time highs for operating income, diluted earnings per share (EPS), operating cash flow, and contract funding orders.

CACI continued its record-breaking financial performance in its FY12 first quarter, with a record of $924.4 million in revenue and additional record results in operating income, diluted EPS, operating cash flow, and contract funding orders. As a result, CACI raised its revenue guidance to investors and analysts from a revenue range of $3.75B - $3.95B to a range of $3.85B - $4.05B, and raised its EPS guidance from the $4.70 - $4.90 range to $5.55 - $5.80.

Learn more in CACI's latest earnings release, or download the CACI 2011 Annual Report.