DYNCORP INTL INC
SymbolDCP

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DynCorp International Inc. Reports Second Quarter Fiscal Year 2010 Financial Results

2009-11-04 17:16 ET - News Release

  • Revenue increased to $821.4 million or 5.4% over Q2 FY09
  • Diluted earnings per share increased to $0.37 or 60.9% over Q2 FY09
  • EBITDA increased 13.4% to $58.5 million over Q2 FY09
  • DSO was 68 days resulting in a cash balance of $132.1 million and net debt of $419.9 million


FALLS CHURCH, Va. -- (Business Wire)

DynCorp International Inc. (NYSE: DCP), a provider of specialized mission-critical services to civilian and military government agencies, today reports strong financial results for its second quarter of fiscal year 2010 ended October 2, 2009.

“We are very pleased with the company’s performance in the second quarter and reaffirm our guidance for FY 2010,” said William L. Ballhaus, DynCorp International’s Chief Executive Officer. “We delivered solid performance on our core programs and recently closed our first acquisition. With our second quarter results, we are right where we expected to be half way through the year, and are looking forward to a strong second half.”

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