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Re: stocks2012 post# 32501

Thursday, 05/02/2013 3:34:51 PM

Thursday, May 02, 2013 3:34:51 PM

Post# of 35619
Also from the CACI Earnings:
“Revenue decreased 1.6 percent from adjusted revenue for the first nine months of FY12 primarily due to increases in direct labor being offset by the anticipated reduction of contract purchases of materials (ODCs) tied to the draw down in Afghanistan as well as sequestration-related reductions in other such material purchases.”

They are buying fewer gadgets as a result of sequestration.