You are here


Stuart Davis
Investor Relations

From our earnings call on August 9, 2017

CEO Key Messages

  • Strong start to the year–reaffirming guidance for the year
  • Excellent profitability and business development success
    • Market will support growth objectives
    • We are next-gen IT leaders for federal government
    • BD results demonstrate competitiveness of our offerings
    • Our employees are engaged

"We are pleased to begin fiscal year 2018 with strong financial performance and vibrant business development results that keep us on track to meet our guidance across all of our financial metrics for the year," said Larry Prior, CSRA president and CEO. "First quarter adjusted EBITDA and adjusted EPS both exceeded consensus estimates, as the result of outstanding program performance. We also booked $1.6 billion in awards for a book-to-bill ratio of 1.3x, anchored by a MilCloud win that underscored our leadership position in cloud development and migration. We began the second quarter by closing the NES Associates acquisition, which is off to a great start and yielding immediate benefits to business development and execution."

Audio File: 
Document or Presentation: