CACI says pandemic cost $10 million in sales in the quarter

By Marjorie Censer / April 30, 2020 at 2:51 PM

CACI International said this week the coronavirus crisis cost the company about $10 million in its most recent quarter, primarily related to employees and subcontractors who were unable to access their facilities or telework.

In a call with analysts Thursday, John Mengucci, CACI's chief executive, said about 70% of the company's employees are working from home.

Meanwhile, CACI said sales during its most recent quarter totaled $1.5 billion, up almost 16% from the same three-month period a year earlier. The contractor's quarterly profit hit almost $81 million, up about 18% from a year earlier.

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