CACI International Inc Raises FY 2012 Net Income Guidance; Lowers FY 2012 Revenue Guidance-Conference Call

CACI International Inc announced that for fiscal 2012 it is increasing its GAAP net income guidance the Company provided in February to $163 million to $169 million, as a result of a lower tax rate, lower interest and indirect expense, and the positive impact of the UK acquisition. The Company is revising its revenue guidance range to $3.73 billion to $3.83 billion, due to lower than expected pass through revenue. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $3.946 billion and net income of $165 million for fiscal 2012.