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VSE Corporation Reports Robust Q1 2023 Net Income of $9.1 Million

VSE Corporation Reports Robust Q1 2023 Net Income of $9.1 Million

VSE Corporation Achieves Strong Revenue Growth, Generating $255.4 Million in Q1 2023

By NewsInMInutes
Published - Jul 20, 2023, 05:00 PM ET
Last Updated - Jul 20, 2023, 05:00 PM EDT

VSE Corporation,(VSEC) a leading provider of technical and professional services to government and commercial markets, announced its unaudited consolidated financial results for the first quarter of 2023. The company demonstrated impressive financial performance, showcasing both substantial net income and significant revenue growth.

Net Income/Loss

VSE Corporation's net income for the three months ended March 31, 2023, soared to $9.1 million, a substantial increase from the previous year's Q1 net income of $6.2 million. This remarkable growth represents a positive sign for the company's profitability and operational efficiency.

Revenue

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    Bengaluru, Karnataka 560076
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