VSE Corp. (VSEC) Misses Q4 EPS by 25c, Revenue Beats

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VSE Corporation Announces Fourth Quarter and Full Year 2021 Results

March 9, 2022 5:00 PM EST

ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (NASDAQ: VSEC; VSE, or the Company), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for land, sea and air transportation assets for government and commercial markets, today announced results for the fourth quarter and full year 2021.

FOURTH QUARTER 2021 RESULTS
(As compared to the Fourth Quarter 2020)

Total Revenues of $210.2 million increased 40.1% GAAP Net Income of $6.2 million increased 3.1% Adjusted Net Income of $6.8 million increased 17.0% Adjusted EBITDA of $17.8 million increased 3.2%

For the three months ended... More