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Stock impact report

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 Show less Read more
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