Vectrus, Inc. (VEC) Misses Q4 EPS by 5c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus
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Vectrus Announces Strong 2018 Results; On Track to Achieve Five-Year Growth Plan of $2.5 Billion in Revenue and 7% EBITDA Margin
February 26, 2019 4:06 PM ESTCOLORADO SPRINGS, Colo., Feb. 26, 2019 /PRNewswire/ -- Vectrus, Inc. (NYSE: VEC) announced fourth quarter and full-year 2018 financial results. For the fourth quarter, revenue was $330 million, operating income was $12.6 million (3.8% margin), GAAP diluted earnings per share (EPS) were $0.89 and adjusted diluted EPS1 were $0.73. For the full year, revenue was $1,279 million, operating income was $48.3 million (3.8% margin), diluted EPS were $3.10 and adjusted diluted EPS1 were $2.94. Net cash provided by operating activities for 2018 was $40 million.
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