HANOVER, Md., July 31, 2013 (GLOBE NEWSWIRE) -- The KEYW Holding Corporation (Nasdaq:KEYW) announces Q2 2013 revenue of $78.3 million, an increase of 39% versus Q2 2012. GAAP loss per share was $0.06 in Q2 2013 on a fully diluted basis, versus GAAP earnings per share (EPS) of $0.01 in Q2 2012. Amortization associated with acquisition-related intangibles reduced Q2 2013 EPS by approximately $0.10 per share on an after tax basis. Adjusted EBITDA (as described below) for Q2 2013 was $6.5 million, compared to $7.6 million in Q2 2012. As a percentage of revenue, Adjusted EBITDA margin was 8.2% in Q2 2013, a decrease from 13.5% in Q2 2012. Net cash provided from operations in Q2 2013 was almost $9 million despite continued elevated R&D spending and further investment in the infrastructure for our commercial cyber products business. In Q2 2013, KEYW was awarded new funding actions of $77 million and ended the quarter with 1,124 employees.
KEYW Reports Q2 2013 Financial Results
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