CACI International Inc. (NYSE:CACI) Q3 2023 Earnings Conference Call April 27, 2023 8:00 AM ET

Company Participants

Daniel Leckburg - SVP, IR

John Mengucci - President, Chief Executive Officer

Jeffrey MacLauchlan - Executive Vice President, Chief Financial Officer

Conference Call Participants

Bert Subin - Stifel

Robert Spingarn - Melius Research

Matthew Akers - Wells Fargo

Tobey Sommer - Truist Securities

Mariana Perez Mora - Bank of America

Prescott Forbes - Jefferies

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the CACI International Third Quarter Fiscal Year 2023 Conference Call. Today's call is being recorded. [Operator Instructions]

At this time, I would like to turn the conference call over to Dan Leckburg, Senior Vice President of Investor Relations for CACI International. Please go ahead, sir.

Daniel Leckburg

Well, thank you, and good morning, everyone. I'm Dan Leckburg, Senior Vice President of Investor Relations for CACI International. Thank you for joining us this morning. We are providing presentation slides, so let's move to Slide number 2.

There will be statements in this call that do not address historical fact and as such, constitute forward-looking statements under current law. These statements reflect our views as of today and are subject to important factors that could cause our actual results to differ materially from anticipated. Those factors are listed at the bottom of last night's press release and are described in the company's SEC filings. Our safe harbor statement is included on this exhibit and should be incorporated as part of any transcript of this call.

I would also like to point out that our presentation will include discussion of non-GAAP financial measures. These should not be considered in isolation or as a substitute for performance measures prepared in accordance with GAAP.

Let's turn to Slide 3, please. To open our discussion this morning, here is John Mengucci, President and Chief Executive Officer of CACI International. John?

John Mengucci

Thanks, Dan, and good morning, everyone. Thank you for joining us to discuss our third quarter fiscal year '23 results. With me this morning is Jeff MacLauchlan, our Chief Financial Officer.

Slide 4, please. Last night, we released our third quarter results and I'm very pleased with our performance. We grew revenue by 10%, all of which is organic, with growth in both expertise and technology. Profitability was strong with an adjusted EBITDA margin of 11% and cash flow was solid. Our trailing 12 months book-to-bill of 1.4x remains very healthy.