Reports Q1 revenue $256M, consensus $246.83M. “We proudly delivered record revenue and profitability in the first quarter and completed a critical chapter in our multi-year strategic transformation into a pure-play aviation aftermarket parts and services provider,” said John Cuomo, President and CEO of VSE Corporation. “With the divestiture of our Fleet segment, VSE is now a more focused, higher-growth, and higher-margin aviation business, positioned to create exceptional value for our customers, suppliers, employees, and shareholders.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSEC:
- Is VSEC a Buy, Before Earnings?
- VSE Corporation: Strategic Acquisitions and Market Positioning Drive Buy Rating
- VSE Corp. acquires Turbine Weld Industries, terms undisclosed
- VSE Corp. price target lowered to $130 from $134 at Truist
- VSE’s Strategic Shift to Aviation Aftermarket Spurs Positive Outlook and Growth Potential