VSE Corp. (VSEC) Tops Q4 EPS by 2c

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Go back to VSE Corp. (VSEC) Tops Q4 EPS by 2c

VSE Corporation Announces Fourth Quarter and Full-Year 2020 Results

March 4, 2021 5:00 PM EST

Strategic transformation underway, positioned for organic and inorganic growth in 2021

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 2020.

FOURTH QUARTER 2020 RESULTS
(As compared to the Fourth Quarter 2019)

Total Revenues of $150.0 million declined 23.2% Total Revenues, excluding divestitures, declined 19.6%(1) GAAP Net Income of $6.0 million declined 39.8% Adjusted Net... More