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Vectrus Announces Fourth Quarter and Full-Year 2020 Results


- Backlog grew 84% yr/yr to a record high of $5.1 billion
- Improved long-term visibility with $882 million five-year OMDAC-SWACA recompete win
- Added key clients and capabilities through two key acquisitions, accelerating converged infrastructure strategy
- Q4 record high adjusted EBITDA margin(1) of 5.0% driven by ongoing performance initiatives
- Q4 revenue of $355 million; COVID-19 adversely impacted revenue by $26 million or 7.1% yr/yr; Q4 diluted EPS of $1.42; Adjusted diluted EPS(1) of $1.18
- 2020 revenue of $1.4 billion, COVID-19 adversely impacted revenue by $63 million or 4.6% yr/yr; 2020 diluted EPS of $3.14; Adjusted diluted EPS(1) of $3.07
- Strong 2020 operating cash flow generation of $51 million excluding CARES Act tax deferrals ....

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