VSE (VSEC)2024-11-06 12:46Revenue Projections - Estimated consolidated revenue for Q3 2024 is projected to be between 275 million, and for the nine months ended September 30, 2024, between 783 million[5]. - Aviation segment revenue for Q3 2024 is expected to increase by 32-34% compared to the prior year period, while Fleet segment revenue is anticipated to decrease by 10-15%[5]. - Estimated operating income for Q3 2024 is projected to be between 24 million, and for the nine months ended September 30, 2024, between 54 million[5]. - Estimated Adjusted EBITDA for Q3 2024 is expected to be between 34 million, and for the nine months ended September 30, 2024, between 98 million[5]. - Adjusted EBITDA Margin for the Aviation segment in Q3 2024 is expected to be between 15.0% and 16.5%, while for the Fleet segment, it is expected to be between 4.5% and 6.0%[5]. - The company anticipates full-year growth in the Aviation segment to exceed previous guidance, while the Fleet segment is expected to decline year-over-year[5]. Debt and Cash Flow - Estimated Total Debt as of September 30, 2024, is approximately 442 million[5]. - The company expects to report positive free cash flow in Q3 2024, with an increase in free cash flow anticipated in Q4 2024[5]. Acquisitions - The company has signed a definitive agreement to acquire Kellstrom Aerospace Group, Inc.[15]. Risks - The company faces various risks including supply chain disruptions, competition, and integration challenges related to acquisitions[9].