CACI International Inc (NYSE:CACI) Q3 2024 Earnings Conference Call April 25, 2024 8:00 AM ET

Company Participants

George Price - Senior Vice President, Investor Relations
John Mengucci - President and Chief Executive Officer
Jeffrey MacLauchlan - Executive Vice President, Chief Financial Officer and Treasurer

Conference Call Participants

Robert Spingarn - Melius Research
Bert Subin - Stifel
Jan-Frans Engelbrecht - Robert W. Baird
Mariana Perez Mora - Bank of America
Matthew Akers - Wells Fargo Securities
Jasper Bibb - Truist Securities
Rocco Barbero - JPMorgan
Conor Walters - Jefferies
Louie DiPalma - William Blair

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the CACI International Fiscal 2024 Third Quarter Conference Call. Today's call is being recorded. At this time, all lines are in a listen-only mode. Later, we will announce the opportunity for questions and instructions will be given at that time. [Operator Instructions]

At this time, I would like to turn the conference call over to George Price, Senior Vice President, Investor Relations. Please go ahead.

George Price

Thanks Dennis, and good morning, everyone. I'm George Price, 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 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's John Mengucci, President and Chief Executive Officer of CACI International. John?

John Mengucci

Thanks George, and good morning, everyone. Thank you for joining us to discuss our third quarter fiscal year '24 results. With me this morning is Jeff MacLauchlan, our Chief Financial Officer.

Move to Slide 4, please. CACI delivered outstanding third quarter results across the board. We grew revenue by 11% with contributions from both expertise and technology programs. EBITDA margin of 11.3% showed significant expansion from last year, consistent with our expectations of stronger margins in the second half. And we delivered healthy free cash flow of $102 million.