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At June-end, $CACI reported net debt of $1.4Bil and net debt to trailing 12 months pro forma adjusted EBITDA leverage ratio was about 3.8 times. The company will be adopting the new ASC 606 revenue recognition standard in FY19 and it will be applied retroactively to FY17. Inclusive of one-time adjustments, total backlog at June-end was $11Bil.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th