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PAE Reports Fourth-Quarter and Full Year 2020 Financial Results


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PAE Reports Fourth-Quarter and Full Year 2020 Financial Results
PAEMarch 11, 2021 GMT
Fourth-quarter operating income of $20.5 million; $90.8 million for the year
Fourth-quarter net loss of $6.1 million; $15.3 million net income for the year
Fourth-quarter adjusted EBITDA1 of $44.0 million (margin of 5.6%1 of revenue); $180.2 million (margin of 6.6% of revenue) for the year
Fourth-quarter cash flows provided by operations of $8.7 million; $100.9 million cash flows provided by operations for the year
Fourth-quarter net bookings of $526 million (0.7x book-to-bill); $3.1 billion for the trailing 12 months (1.2x book-to-bill)
Company issues fiscal 2021 financial guidance
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PeaceHealth scholarship honors homicide victim


PeaceHealth scholarship honors homicide victim
Published: February 23, 2021, 6:00am
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Vancouver-based PeaceHealth has established a scholarship in memory of Liliya Zagariya, the employee who was killed by a disgruntled patient Dec. 22 at a Vancouver medical office.
The endowed scholarship, open to students from Clark or Cowlitz counties, will cover the costs of tuition and expenses for the Paramedic Training Program at Portland Community College. Zagariya was pursuing a career as a paramedic and volunteering for Cowlitz County Fire District 2 when she died.
“Lily had dedicated her life to her faith, her family and her community,” said Sean Gregory, chief executive at PeaceHealth Southwest Medical Center. “PeaceHealth Southwest’s Mission Services, Foundation, and Spiritual Care teams wanted to offer a meaningful and lasting tribute to Lily’s life, and we believe this memorial scholarship is an appropriate reflection of her desire to serve.” ....

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Hamilton's homeless shelters grappling with dozens of cases of COVID-19


Posted: Feb 23, 2021 11:39 AM ET | Last Updated: February 23
Hamilton s homeless community is dealing with multiple COVID-19 outbreaks in the second wave of the virus.(Bobby Hristova/CBC)
Hamilton s shelter system held off large COVID-19 outbreaks for almost a year, but the relentless virus has now infected 44 people across Hamilton s shelters in the last three weeks.
Paul Johnson, director of the city s emergency operations centre, says it shouldn t be seen as a failure of the system.
The longer this pandemic went on, the more it was possible. And we ve seen cases in the shelter system throughout this. We ve been able to catch them though before and isolate, and now the volume has gone up a bit, he said on Monday. ....

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