MBWallingford
Posted - 1 day ago
$VSEC this moved up quickly. Need to have some good digestion.
DonCorleone77
Posted - 2 weeks ago
$VSEC VSE Corp. reports Q3 EPS 71c, consensus 60c Reports Q3 revenue $$273.61M , consensus $268.44M."We are very pleased to announce our third quarter 2024 results, marked by the strongest quarterly performance in our Aviation segment's history, achieving a revenue milestone of over $200 million," stated John Cuomo, President and CEO of VSE Corporation. "The 34% year-over-year revenue growth, combined with record profitability, reflects balanced contributions across our Aviation business units. The key drivers to our growth include the successful execution of new distribution awards, the expansion of our maintenance, repair, and overhaul MRO capabilities, the launch of our new OEM-licensed manufacturing program, and contributions from our recent acquisition of Turbine Controls TCI ." Mr. Cuomo continued, "Additionally, during the quarter, we completed the integration of Desser Aerospace's U.S. distribution business, launched a new Aviation e-commerce platform, made substantial progress in establishing our OEM-licensed manufacturing capabilities, and began distributing new products through our European Distribution Center of Excellence in Hamburg, Germany. The Aviation segment continues to perform successfully during a year of repositioning and focused execution. "In our Fleet segment, we continue to advance our customer diversification strategy, with our commercial customers representing 64% of segment revenue as of the third quarter. Following a temporary reduction in activity with the United States Postal Service USPS due to their system integration, activity levels have stabilized at the quarter's end, positioning us for improved revenue and profitability in the fourth quarter as compared to the third quarter," Mr. Cuomo concluded. "Our third quarter 2024 results reflect our commitment to financial discipline," stated Adam Cohn, Chief Financial Officer of VSE Corporation. "During the quarter, we generated positive free cash flow, reduced our debt, and maintained an adjusted net leverage ratio within our target range of 3.0 to 3.5 times. Following our successful October 2024 equity offering, the Company has ample financial liquidity and flexibility to complete the acquisition of Kellstrom Aerospace in the fourth quarter and capitalize on the significant growth opportunities that lie ahead. As we look out to the fourth quarter, we expect to drive stronger free cash flow supported by ongoing operational execution on the strategic inventory investments made earlier this year. As I step into my role as CFO, I am excited to join such a dynamic team and look forward to building on VSE's impressive track record. In the months ahead, I am committed to enhancing shareholder value as we continue to execute on our strategic priorities."
MBWallingford
Posted - 10/28/24
$VSEC this thing get manipulated because of low volume. Good investment so far.
IN0V8
Posted - 1 month ago
$VSEC Truist Securities raises target price to $115 from $97
victorcastro
Posted - 1 month ago
$EC $IWM $QQQ $SPY $VSEC
Antoagne
Posted - 1 month ago
$VSEC 🚀:::;New alerts have been posted in the last hours..🚀 win-chat-market-live.trade-smartly.xyz
coloradoriley
Posted - 1 month ago
Trends with No Friends, 10-16-2024 VSE Corp Carries +17%, Ecopetrol Drills Towards Its Covid Low Click the link to view today's 52W highs and lows sorted by followers on @Stocktwits: https://trendswithnofriends.stocktwits.com/p/10-16-2024 cc @howardlindzon $VSEC $EC $SPY $QQQ $IWM
MBWallingford
Posted - 1 month ago
$VSEC why the big jump today?
Doozio
Posted - 1 month ago
$VSEC da FUTUre of 🧠⏰ is NOW during 🧠⏰♾️
DonCorleone77
Posted - 1 month ago
$VSEC VSE Corp. 1.72M share Spot Secondary priced at $87.00 The deal range was $86.00-$88.00. Jefferies and RBC Capital acted as joint book running managers for the offering.
themacromindset
Posted - 1 month ago
$VSEC - VSE Corporation prices $142M stock offering at $87 per share
DonCorleone77
Posted - 1 month ago
$VSEC VSE Corp. acquires Kellstrom Aerospace for $200M VSE Corp. "announced that the Company has signed a definitive agreement to acquire Kellstrom Aerospace Group, Inc., a portfolio company of AE Industrial Partners, LP and a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket. The transaction is subject to customary closing conditions, including regulatory review, and is expected to close in the fourth quarter of 2024. The contract is for total consideration of approximately $200 million, comprised of approximately $185 million in cash and approximately $15 million of shares of common stock of the Company, subject to working capital adjustments. Kellstrom generated approximately $175 million of revenue during the trailing twelve months through August 2024. Kellstrom deal is expected to generate synergies of approximately $4M."
DonCorleone77
Posted - 1 month ago
$VSEC VSE Corp. announces common stock offering, no amount given VSE Corporation announced that it has commenced an underwritten public offering, subject to market and other conditions, of shares of its common stock pursuant to an effective shelf registration statement. VSE intends to use the net proceeds from this offering to finance a portion of the cash consideration for its previously announced acquisition of Kellstrom Aerospace Group. Jefferies and RBC Capital Markets are acting as joint lead book-running managers and representatives of the underwriters for the offering.
insanitywolftrading
Posted - 09/23/24
$DFEN is up, drones $AVAV $KTOS $RCAT are on fire, only my $VSEC is struggling today
insanitywolftrading
Posted - 09/23/24
$VSEC this company repairs high value assets like heavy military machinery. Still undiscovered, but for how long?
insanitywolftrading
Posted - 2 months ago
$VSEC Nope! No one has found this yet. Hidden defense stock.
insanitywolftrading
Posted - 2 months ago
Great day for defense, let’s have a strong finish and a great weekend!
$DFEN $KTOS $AVAV $RCAT $VSEC
insanitywolftrading
Posted - 2 months ago
$VSEC Wow no one has found this yet. Works for me!
insanitywolftrading
Posted - 2 months ago
My defense portfolio is $KTOS $RCAT $AVAV for drones, $VSEC and $DFEN. If situation in middle east gets any worse these should all move up on news or rumor.
insanitywolftrading
Posted - 08/30/24
$VSEC decent start
Stock_Titan
Posted - 08/29/24
$VSEC VSE Corporation Announces September 2024 Investor Conference Schedule
https://www.stocktitan.net/news/VSEC/vse-corporation-announces-september-2024-investor-conference-e668u9ima1js.html
insanitywolftrading
Posted - 08/29/24
$VSEC volume still pretty low. Gonna be interesting to see what happens when it “clicks”
insanitywolftrading
Posted - 08/29/24
$VSEC starting to get a little attention now but still early
insanitywolftrading
Posted - 08/29/24
$VSEC no one has found this yet
insanitywolftrading
Posted - 08/28/24
$VSEC undiscovered
Stock_Titan
Posted - 3 months ago
$VSEC VSE Corporation Announces August 2024 Investor Conference Schedule
https://www.stocktitan.net/news/VSEC/vse-corporation-announces-august-2024-investor-conference-ucan8gtvrms5.html
NVDAMillionaire
Posted - 3 months ago
$VSEC VSE Corporation (NASDAQ:VSEC): Diversified Aftermarket Solutions Provider Delivering Impressive Growth and Profitability http://beyondspx.com/2024/08/02/vse-corporation-nasdaqvsec-diversified-aftermarket-solutions-provider-delivering-impressive-growth-and-profitability/
MBWallingford
Posted - 3 months ago
$VSEC messy quarter. Aerospace growth intact. All these acquisitions take a toll. Change in CFO not good.
epsguid
Posted - 07/31/24
$VSEC reported earnings of $0.64, consensus was $0.65 via @eWhispers #epsmiss http://eps.sh/d/vsec
DonCorleone77
Posted - 07/31/24
$VSEC VSE Corp. reports Q2 adjusted EPS 64c, consensus 65c Reports Q2 revenue $266M, consensus $256.45M. "The VSE team delivered another milestone quarter marked by record revenue and profitability for our Aviation segment coupled with solid execution against our 2024 strategic transformation priorities," said John Cuomo, President and CEO of VSE Corporation. "Within our Aviation segment, we reported 55% revenue growth and a 70-basis point improvement in Adjusted EBITDA margins as compared to the prior year, driven by a very balanced quarter of execution supported by strong performance of existing distribution programs, the scaling of new distribution awards, an expanded portfolio of maintenance, repair and overhaul ("MRO") capabilities, and contributions from recent acquisitions. Although our Fleet segment results were temporarily impacted by the United States Postal Service's ("USPS") transition to a new Fleet Management Information System ("FMIS"), the decline in USPS revenue was partially offset by 22% growth in our e-commerce fulfillment and commercial fleet businesses."