Vectrus, Inc. (VEC) Misses Q4 EPS by 1c

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Vectrus Announces Fourth Quarter and Full-Year 2016 Results; Issues 2017 Guidance

March 1, 2017 4:10 PM EST

COLORADO SPRINGS, Colo., March 1, 2017 /PRNewswire/ -- Vectrus, Inc. (NYSE: VEC) announced fourth quarter and full-year 2016 financial results. For the fourth quarter, revenue was $288.2 million, operating income was $8.6 million, and diluted earnings per share were $0.40. For the full year, revenue was $1,190.5 million, operating income was $42.8 million, and diluted earnings per share were $2.16. Cash provided by operating activities for the full-year 2016 was $36.6 million.

"I am impressed with what the Vectrus team accomplished in 2016, especially in light of challenges... More