KEYW Holding (KEYW) Misses Q4 EPS by 7c
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KeyW Reports Fourth-Quarter and Fiscal Year 2016 Financial Results
March 8, 2017 4:17 PM ESTFourth-quarter revenue from continuing operations of $68.9 million; full year, $288.0 million;Fourth-quarter GAAP EPS from continuing operations of $(0.08); full year, $0.05;Fourth-quarter adjusted EBITDA from continuing operations (see below) of $5.2 million; full year, $31.4 million;Company issues fiscal 2017 financial guidance; andKeyW announces it has entered into a definitive agreement to acquire Sotera Defense Solutions (see separate press release issued today and associated presentation on the KeyW Investors web page).
HANOVER, Md., March 08, 2017 (GLOBE NEWSWIRE) -- The... More
KeyW Enters Into Definitive Agreement to Acquire Sotera Defense Solutions
March 8, 2017 4:15 PM ESTCombination will create differentiated, pure-play Intelligence Community-focused provider of scale;Transaction accelerates KeyWs previously articulated growth strategy;Offers high-end portfolio of products and services in support of the most difficult and complex national security and counterterrorism missions;Will maintain strong adjusted EBITDA margin profile of 10+%; andProjected to be immediately accretive to adjusted EPS in fiscal year 2017; GAAP EPS in 2018.
HANOVER, Md., March 08, 2017 (GLOBE NEWSWIRE) -- The... More
