VSE Corp. (VSEC) Tops Q1 EPS by 9c, Revenues Beat

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VSE Corporation Announces First Quarter 2021 Results

April 28, 2021 4:30 PM EDT

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 supporting government and commercial markets, today announced results for the first quarter 2021.

FIRST QUARTER 2021 RESULTS
(as compared to the First Quarter 2020)

Total Revenues of $165.0 million declined 7.0% GAAP Net Income of $5.1 million increased 53.4% Adjusted Net Income of $5.3 million declined 45.6% Adjusted EBITDA of $15.6 million declined 31.5%

For the three months ended March 31,... More