VSE Corporation Announces First Quarter 2020 Results
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VSE Corp. (VSEC) Reports Q1 EPS of $0.89
April 30, 2020 5:12 PM EDTVSE Corp. (NASDAQ: VSEC) reported Q1 EPS of $0.89, versus $0.68 reported last year. Revenue for the quarter came in at $177.4 million, versus $169.9 million reported last year.
FIRST QUARTER 2020 HIGHLIGHTS
Enacted COVID-19 response and business continuity planAll repair, distribution and base locations remain open and operationalPositive free cash flow anticipated for the full year 2020FIRST QUARTER 2020 SUMMARY RESULTS AS COMPARED TO THE FIRST QUARTER 2019
Total Revenues of $177.4 million increased 4.4%GAAP Net Income of $3.3 million decreased 49.5%Adjusted Net Income of $9.8 million increased 32%Total Adjusted EBITDA of $22.7 million increased... More