VSE (US:VSEC)2024-03-07 13:38Financial Performance - Full Year 2023 - Total company revenue grew by 29% reaching $8605 million[7,9,11] - Adjusted EBITDA increased by 45% to $1138 million[9,11] - Adjusted net income increased by 60% to $47 million[9,47] - Adjusted diluted EPS increased by 45% to $331[9] Financial Performance - Q4 2023 - Revenue increased by 37% to $2353 million[9,10] - Adjusted EBITDA increased by 46% to $314 million[8,9,10] - Adjusted net income increased by 62%[9] - Aviation revenue increased 43% and Fleet revenue increased 26%[8] Segment Performance - Aviation - Aviation segment revenue increased by 33% for the full year, reaching $544 million[6,13] - Aviation segment adjusted EBITDA increased by 68% for the full year, reaching $874 million[13] - Aviation segment revenue increased by 43% to $1537 million in Q4[13,14] Segment Performance - Fleet - Fleet segment revenue increased by 21% for the full year, reaching $3165 million[7,22] - Fleet segment adjusted EBITDA increased by 11% for the full year, reaching $367 million[24] - Fleet segment revenue increased by 26% to $816 million in Q4[17,21]