VSE Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 231.35 million compared to USD 167.38 million a year ago. Net income was USD 9.56 million compared to USD 9.42 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 0.6 a year ago. Basic earnings per share was USD 0.64 compared to USD 0.74 a year ago. Diluted earnings per share was USD 0.63 compared to USD 0.73 a year ago.
For the nine months, revenue was USD 625.16 million compared to USD 497.46 million a year ago. Net income was USD 27.53 million compared to USD 23.21 million a year ago. Basic earnings per share from continuing operations was USD 2.23 compared to USD 1.47 a year ago. Diluted earnings per share from continuing operations was USD 2.22 compared to USD 1.46 a year ago. Basic earnings per share was USD 2.03 compared to USD 1.82 a year ago. Diluted earnings per share was USD 2.02 compared to USD 1.81 a year ago.