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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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