WEB NEWS Comments & Business Outlook
“Overall, we are very pleased with the company’s performance in the first quarter and are confident we will achieve our raised guidance for fiscal year 2010. Our first quarter results along with major task order wins on WPPS and LOGCAP IV give us a strong start to the year and position us well for long-term growth,” said William L. Ballhaus, DynCorp International’s Chief Executive Officer. “Our core competencies in platform support and stabilization and development solutions are well aligned with the U.S. Government’s focus on the application of smart power to support national security and foreign policy objectives.”
FULL YEAR 2010 Guidance Ending March a
Full Year 2010 Guidance
Full Year 2009 Reported
Period Change
EBITDA b
$242.0 to $252.0 million
$221.3 million
9.4% to 13.9%
GAAP EPS
$1.46 to $1.58
$1.22
19.7% to 29.5%
Source:
See Release , August 4, 2009
a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
Given our strong momentum coming out of fiscal year 2009 and our attractive market positions in platform support and the application of smart power, we are looking forward to continued robust growth of our business in fiscal year 2010. ”
"DynCorp International remains committed to creating and enhancing shareholder value through a combination of strong cash flow generation and revenue growth. As a premier contract services provider to the U.S. Government, we believe that the company enters fiscal year 2010 with significant momentum reinforcing our expectations for double-digit growth in EPS in fiscal year 2010 ."
FULL YEAR 2010 Guidance Ending March a
Full Year 2010 Guidance
Full Year 2009 Reported
Period Change
EBITDA b
$230.0 to $240.0 million
$221.3 million
3.9% to 8.5%
GAAP EPS
$1.42 to $1.54
$1.22
16.4% to 26.2%
Source:
See Release , June 3, 2009
a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement. b Non-GAAP figures generally exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to its financial press releases. The GeoTeam ® non-GAAP figures may, from time to time, differ from company supplied figures.
Comments & Business Outlook
Guidance Report:
Full Year Fiscal 2009 Guidance Ending March
2009 Revenue Guidance
2008 Revenue
Period Change in Revenue
2009 EPS Guidance
2008 EPS
Period Change in EPS
$3.030 to $3.060 billion
$2.14 billion
41.59% to 43%
1.20 to $1.26
$0.84
42.86% to 50%
EPS Figures exclude non-operating gains and losses (Non-GAAP)
"We continue to have exceptional revenue growth, good program performance and outstanding cash generation. These results support our positive outlook for fiscal year 2009."
Source: Business Wire (February 4, 2009 )