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. ANNOUNCES PRICING OF SECONDARY OFFERING OF COMMON STOCKPR Newswire
- V2X, INC. ANNOUNCES PROPOSED SECONDARY OFFERING OF COMMON STOCKPR Newswire
- V2X, Inc. (NYSE: VVX) had its price target raised by analysts at JMP Securities from $65.00 to $80.00. They now have a "market outperform" rating on the stock.MarketBeat
- V2X, Inc. (NYSE: VVX) had its price target raised by analysts at Raymond James from $60.00 to $72.00. They now have a "strong-buy" rating on the stock.MarketBeat
- V2X, Inc. (NYSE: VVX) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $70.00 price target on the stock.MarketBeat
VVX
Earnings
- 11/4/24 - Beat
VVX
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 144
- 11/18/24 - Form SC
- VVX's page on the SEC website