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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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PAE to Present at the CJS Securities New Ideas for the New Year Conference


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PAE to Present at the CJS Securities New Ideas for the New Year Conference
PAEJanuary 8, 2021 GMT
FALLS CHURCH, Va., Jan. 08, 2021 (GLOBE NEWSWIRE) PAE (NASDAQ: PAE, PAEWW) will present at the 21st Annual CJS Securities New Ideas for the New Year Conference. President and CEO John Heller and CFO Charlie Peiffer will participate in a virtual presentation and fireside chat question-and-answer session on Wednesday, January 13, 2021, at approximately 2:20 p.m. ET.
Interested parties are invited to access the webcast from the PAE Investor Relations website and may register for an email reminder using the “Events and Presentations” link. An archive of the webcast will be available on the PAE Investor Relations website shortly after the conclusion of the presentation and will remain available for 30 days. ....

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