V2X Reports Strong Third Quarter Results with Record Revenue, Net Income, and Adjusted EBITDA [Yahoo! Finance]
V2X, Inc. (VVX)
Company Research
Source: Yahoo! Finance
Operating income of $49.9 million ; Adjusted operating income of $76.9 million Record net income of $15.1 million , up $21.5 million y/y; Adjusted net income of $41.3 million , up 76% y/y Record adjusted EBITDA of $82.7 million , up 28% y/y with a margin of 7.6% Diluted EPS of ; Adjusted diluted EPS of , up 77% y/y 2024 Guidance: Raising full-year revenue and adjusted EPS guidance midpoint and reaffirming adjusted EBITDA and operating cash flow MCLEAN, Va. Nov. 4, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced third quarter 2024 financial results. "V2X reported strong third quarter results with record revenue, net income, and adjusted EBITDA , driven by our continued alignment to well-funded critical missions and the ability to deliver capabilities at scale across the globe," said Jeremy Wensinger , President and Chief Executive Officer of V2X. "Revenue increased 8% year-over-year and adjusted EBITDA increased 28% year-over-year, reflecting strong program performan
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VVX
News
- V2X, Inc. (NYSE: VVX) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $58.00 price target on the stock, down previously from $70.00.MarketBeat
- Is V2X, Inc.'s (NYSE:VVX) ROE of 0.9% good or bad? [Yahoo! Finance]Yahoo! Finance
- V2X Opens New Corporate Headquarters in Reston, VA [Yahoo! Finance]Yahoo! Finance
- V2X Opens New Corporate Headquarters in Reston, VAPR Newswire
- V2X, Inc. (NYSE: VVX) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "sell" rating and a $54.00 price target on the stock.MarketBeat
VVX
Earnings
- 11/4/24 - Beat
VVX
Sec Filings
- 11/26/24 - Form 3/A
- 11/22/24 - Form 4
- 11/21/24 - Form 144
- VVX's page on the SEC website