CACI International's (CACI) CEO Ken Asbury on Q3 2017 Results - Earnings Call Transcript

11/5/17

Well, thank you, Dave, and good morning, everyone. Thanks for joining us to discuss fiscal year 2018 first quarter results. With me this morning are John Mengucci, our Chief Operating Officer; Tom Mutryn, our Chief Financial Officer; DeEtte Gray, our President of U.S. operations and Mr. Greg Bradford, President of CACI Limited, who is joining us from the United Kingdom.

Last night, we released our first quarter results for fiscal year 2018. We also raised net income and earnings per share guidance. This morning, I'll provide you an update on the quarter results and some strategic positioning. Tom is going to give you details on the financials and John will cover the operational aspects of the first quarter.

Let's turn to slide 4 in the deck please. I'll start with a quick overview. Operations delivered right in line with our revenue and profit plan for first quarter, generating positive organic revenue growth for the third consecutive quarter and getting our FY '18 plans started in excellent shape. Our net income and earnings per share benefited from a tax reduction associated with share-based compensation accounting, which Tom is going to elaborate on in just a moment.

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