Ups And Downs In Channel Company Stocks For Q1 2017

CACI International

CEO: Kenneth Asbury

Dec. 30, 2016: $124.30

March 31, 2017: $117.30

Change: -5.63%

In January CACI International, a leading IT services provider to the federal government, said it had been awarded a prime position on a $6 billion multiple-award contract to support the Defense Logistics Agency's Information Operations Office program offices and other Department of Defense agencies.

For its fiscal 2017 second quarter (ended Dec. 31, 2016) CACI, No. 17 on the CRN Solution Provider 500, reported revenue of $1.06 billion, up 27.3 percent from $830.4 million in the same quarter one year before. Net income was $42.4 million, up more than 39 percent from $30.5 percent one year ago.