VSE Corporation Announces First Quarter 2024 Results
VSE Corporation (VSEC)
US:NASDAQ Investor Relations:
ir.vsecorp.com
Company Research
Source: Business Wire
Record Revenue and Profitability for Aviation Segment ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and repair services, announced today results for the first quarter 2024.FIRST QUARTER 2024 RESULTS(1)(As compared to the First Quarter 2023)Total Revenues of $241.5 million increased 28.1%GAAP Net Income of $12.1 million increased 49.0%GAAP EPS (Diluted) of $0.76 increased 20.6%Adjusted EBITDA(2) of $32.3 million increased 36.7%Adjusted Net Income(2) of $13.9 million increased 50.2%Adjusted EPS (Diluted)(2) of $0.87 increased 22.5% 1 From continuing operations2 Non-GAAP measure. See additional information at the end of this release regarding non-GAAP financial measuresMANAGEMENT COMMENTARY“We completed the first quarter of 2024 with record financial results," said John Cuomo, President and CEO of VSE Corporation. "Our Aviation segment reported 43% revenue growth and record Adjusted EBITDA marg
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VSEC
Earnings
- 5/8/24 - Beat
VSEC
Sec Filings
- 5/17/24 - Form 8-K
- 5/17/24 - Form SC
- 5/16/24 - Form 424B2
- VSEC's page on the SEC website