PRESS RELEASE
DynCorp International Inc. Announces Second Quarter and Record First Half Fiscal Year 2009 Results
Revenue increased to $779.2 million or 57.4% over Q2 FY08
- Adjusted
EBITDA increased 10.7% to $51.6 million including a non-recurring
charge of $24.5 million for Afghanistan construction work
- DSO improved 19 days from Q1 FY09 to 63 days resulting in a cash balance of $132.8 million and net debt of $483.1 million
DynCorp
International Inc. (NYSE: DCP), a provider of specialized
mission-critical technical services to civilian and military government
agencies, today announced results for its second quarter of fiscal year
2009 ended October 3, 2008.
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