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Vectrus Inc (VEC.N)

VEC.N on New York Stock Exchange

32.41USD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Vectrus says co entered amendment, restatement agreement by and among co
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Vectrus Inc :Vectrus- On Nov 15, co entered amendment, restatement agreement by and among co, Vectrus Systems Corp, as borrower, lenders, issuing banks- SEC Filing.Vectrus Inc - ‍​Agreement provides for the amendment and restatement of the credit agreement dated as of September 17, 2014.Vectrus Inc - Amended credit agreement increases the revolving loan facility from $75 million to $120 million‍​.Vectrus Inc - Amended credit agreement also refinances and replaces the existing term loan facility with a new $80 million term loan facility.Vectrus Inc - Amended credit agreement extends maturity date of revolving and term loan facilities to November 15, 2022.  Full Article

Vectrus reports Q3 earnings per share $0.51
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Vectrus Inc :Vectrus announces third quarter 2017 results.Q3 earnings per share $0.51.Q3 revenue fell 5 percent to $269.6 million.Vectrus Inc - ‍company ended Q3 2017 with total backlog of $3.1 billion​.Vectrus Inc - ‍sees 2017 revenue​ $1,080 million to $1,100 million.Vectrus Inc -sees 2017 diluted eps ‍$1.87 to $2.03​.  Full Article

Vectrus Inc says government did not select company's contract proposal
Thursday, 1 Sep 2016 

Vectrus Inc : Government did not select company's contract proposal to provide logistics support services in Kuwait and Qatar . At this time, company is not revising its financial guidance for year ending Dec. 31, 2016 .Says APS-5 contracts contributed $93 million of revenue through June 2016.  Full Article

Vectrus Q2 earnings per share $0.55
Tuesday, 9 Aug 2016 

Vectrus Inc : Vectrus reports second quarter 2016 financial results . Q2 revenue fell 0.5 percent to $307.9 million . Q2 operating earnings per share $0.55 . Q2 earnings per share $0.55 . Sees 2016 revenue $1,180 to $1,200 million . Sees 2016 diluted eps $2.07 to $2.32 . Now anticipate 2016 voluntary debt payments to range from $8 million to $10 million .Fy2016 earnings per share view $2.27, revenue view $1.19 billion -- Thomson Reuters I/B/E/S.  Full Article

Vectrus unit has been awarded a $26 mln modification for a base operations and support services contract in Qatar
Wednesday, 22 Jun 2016 

Vectrus Inc :Unit has been awarded a $26 million modification for a base operations and support services contract in Qatar.  Full Article

Vectrus Q1 earnings per share $0.61
Tuesday, 10 May 2016 

Vectrus Inc : Raising lower end of 2016 guidance for revenue, diluted eps and free cash flow . Now expect 2016 revenue to be in range of $1,150 million to $1,190 million . Now expect 2016 diluted eps to be in range of $2.02 to $2.31 . Now expect 2016 free cash flow to be in range of $22 million to $30 million . Fy2016 earnings per share view $2.23, revenue view $1.17 billion -- Thomson Reuters I/B/E/S . For quarter ended april 1, 2016 , company ended with total backlog of $2.5 billion and funded backlog of $1.0 billion . Vectrus posts strong first quarter 2016 financial results . Q1 earnings per share $0.61 . Q1 revenue $310.7 million versus i/b/e/s view $284.1 million . Q1 earnings per share view $0.55 -- Thomson Reuters I/B/E/S .Q1 operating earnings per share $0.61.  Full Article

Vectrus Inc gives FY 2016 outlook
Tuesday, 15 Mar 2016 

Vectrus Inc:Says for FY 2016, expect annual revenue to be in the range of $1,110 million to $1,190 million, which reflects continued growth in the core business1at the mid-point.Says Full year FY 2016 operating margin is expected to be in the range of 3.60 percent to 3.90 percent.Expect to see FY 2016 diluted earnings per share in the range of $1.94 to $2.31, and free cash flow between $20 million and $30 million.  Full Article

BRIEF-Vectrus says co entered amendment, restatement agreement by and among co

* Vectrus- On Nov 15, co entered amendment, restatement agreement by and among co, Vectrus Systems Corp, as borrower, lenders, issuing banks- SEC Filing