V2X(VVX)
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V2X(VVX) - 2024 Q3 - Quarterly Results
2024-11-04 21:07
Exhibit 99.1 PRESS RELEASE V2X Reports Strong Third Quarter Results with Record Revenue, Net Income, and Adjusted EBITDA1 Third Quarter Highlights . Record revenue of $1.08 billion, up 8% y/y . Indo-Pacific revenue growth of 31% y/y driven by increased demand o Operating income of $49.9 million; Adjusted operating income1 of $76.9 million . . • Record net income of $15.1 million y/y; Adjusted net income1 of $41.3 million, up 76% y/y Record adjusted EBITDA1 of $82.7 million, up 28% y/y with a margin of 7.6% ...
V2X Reports Strong Third Quarter Results with Record Revenue, Net Income, and Adjusted EBITDA
Prnewswire· 2024-11-04 21:05
Third Quarter Highlights Record revenue of $1.08 billion, up 8% y/y Indo-Pacific revenue growth of 31% y/y driven by increased demand Operating income of $49.9 million; Adjusted operating income1 of $76.9 million Record net income of $15.1 million, up $21.5 million y/y; Adjusted net income1 of $41.3 million, up 76% y/y Record adjusted EBITDA1 of $82.7 million, up 28% y/y with a margin of 7.6% Diluted EPS of $0.47; Adjusted diluted EPS1 of $1.29, up 77% y/y2024 Guidance: Raising full-year revenue and adjuste ...
V2X to Announce Third Quarter 2024 Financial Results
Prnewswire· 2024-10-15 11:00
MCLEAN, Va., Oct. 15, 2024 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report third quarter 2024 financial results on Monday, November 4, 2024, after market close. Senior management will conduct a conference call at 4:30 p.m. ET that same day. U.S.-based participants may dial in to the conference call at 877-506-6380, while international participants may dial 412-542-4198. A live webcast of the conference call as well as an accompanying slide presentation wil ...
V2X (VVX) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-09-23 17:02
V2X (VVX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of a chang ...
Anti-Collision Sensors Industry Business Report 2023-2030: Adoption of V2X Communication Technologies Generates New Market Opportunities
GlobeNewswire News Room· 2024-09-03 10:52
Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Anti-Collision Sensors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Anti-Collision Sensors was estimated at US$18.0 Billion in 2023 and is projected to reach US$61.0 Billion by 2030, growing at a CAGR of 19.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. As the automotive ...
V2X Secures $747 Million Contract for Crucial F-5 Aircraft Maintenance, Boosting Navy Readiness
Prnewswire· 2024-08-26 11:30
MCLEAN, Va., Aug. 26, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) announces that it has been awarded a single award indefinite-delivery/indefinite-quantity contract valued at $747 million. The F-5 aircraft play a crucial role in training naval pilots by providing adversary combat tactics and simulation capabilities. This advanced training environment ensures that pilots are well-prepared for real-world scenarios, enhancing their combat readiness and proficiency. The use of F-5s in an aggressor-training role ...
Why V2X Stock Was Bouncing Higher This Week
The Motley Fool· 2024-08-23 11:57
The company announced the latest cooperation with a client of long standing. Integrated defense company V2X (VVX 3.92%) was a popular title on the stock exchange in recent days. Following its news of a big-ticket government contract, investors flocked to V2X shares. This rocketed their price up by more than 15% week to date as of Friday before market open, according to data compiled by S&P Global Market Intelligence. A new 10-figure contract Wednesday was an exciting day for V2X. That's when the defense com ...
V2X: A Steady Grower With Compelling Long-Term Upside Despite Modest Margins
Seeking Alpha· 2024-08-22 10:47
Michael Fitzsimmons In May, I covered V2X (NYSE:VVX) and maintained my buy rating and since then, the stock has gained 11.3%, closing in on my $54 price target. The stock price received a 13.5% push on the 21st of August as the US Army placed a $3.2 billion task order with V2X. In this report, I will be discussing the most recent earnings, outlook and assessing the rating and stock price target. V2X Sales And Earnings Are Slowly Increasing On A Sequential Basis V2X V2X is not a company that develops state-o ...
V2X(VVX) - 2024 Q2 - Earnings Call Presentation
2024-08-06 18:34
| --- | --- | --- | --- | |------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | Second Quarter 2024 Results | | | | | | | | | | TRUSTED WHEREVER THE MISSION LEADS | | | | | August 6, 2024 | | | | Disclaimers FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), and Section 27A of the Securities Act of 1933, as amended ...
V2X(VVX) - 2024 Q2 - Earnings Call Transcript
2024-08-06 18:33
V2X, Inc. (NYSE:VVX) Q2 2024 Earnings Call August 6, 2024 8:00 AM ET Company Participants Mike Smith - Vice President, Treasury, Investor Relations and Corporate Development Jeremy Wensinger - President and Chief Executive Officer Shawn Mural - Senior Vice President and Chief Financial Officer Conference Call Participants Joe Gomes - Noble capital Tobey Sommer - Truist Ken Herbert - RBC Capital Markets Trevor Walsh - Citizens JMP Bert Subin - Stifel Operator Thank you for joining us for the V2X Second Quart ...