V2X(VVX) - 2024 Q3 - Quarterly Results
V2X(VVX)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% ...