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Stock impact report

VSE Corporation Announces Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

VSE Corporation (VSEC) 
US:NASDAQ Investor Relations: ir.vsecorp.com
Company Research Source: Yahoo! Finance
ALEXANDRIA, Va., March 06, 2024 BUSINESS WIRE )--VSE Corporation (NASDAQ: VSEC; "VSE", or the "Company"), a leading provider of aftermarket distribution and repair services, announced results for the fourth quarter and full year 2023. MANAGEMENT COMMENTARY "We completed 2023 with outstanding fourth quarter and full year financial results," said John Cuomo, President and CEO of VSE Corporation. "Our businesses once again delivered strong above-market revenue growth and improved profitability. Our Aviation segment reported record revenue and Adjusted EBITDA driven by strong program execution, an expansion of our distribution product lines and repair capabilities, and contributions from recent acquisitions. Our Fleet segment continued to diversify its customer base and reported record revenue, driven by strong growth in commercial sales and solid contributions from legacy customers. I want to thank the VSE team for delivering yet another year of outstanding performance." Mr. Cuomo Show less Read more
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