V2X Inc

V2X, Inc. provides solutions and support to defense clients globally. It delivers integrated solutions across the operations and logistics, aerospace, training and technology markets to national security, defense, civilian and international clients. The company was founded on July 8, 2022 and is headquartered in Colorado Springs, CO.

Earnings data Q1 2024

VVX reports strong Q1 2023 performance and reiterates 2023 guidance

VVX's Q1 2023 earnings call highlighted strong financial results, significant new business wins, and a focus on technology insertion and growth. The company's diverse workforce, strong performance, and confidence in positioning provide a solid foundation for future success, despite potential challenges and inquiries from analysts.

VVX reports record Q3 revenue, lowers EBITDA projections, eyes international expansion

VVX delivered strong Q3 performance with record revenue and solid backlog, driven by notable bookings and strong cash generation. While facing challenges in meeting previous projections, the company remains committed to margin expansion and anticipates sequential improvement in the fourth quarter. VVX is raising its full-year revenue projections, reflecting confidence in future growth and international expansion opportunities.

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V2X, Inc. provides solutions and support to defense clients globally. It delivers integrated solutions across the operations and logistics, aerospace, training and technology markets to national security, defense, civilian and international clients. The company was founded in February 2014 and is headquartered in McLean, VA.

MCLEAN, Va. , April 17, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) proudly announces its selection as one of the six prime contractors for the U.S. Navy's Global Contingency Services (GCS) Multiple Award Contract (MAC) III.

V2X Clinches Spot on U.S. Navy's Global Contingency Services Contract for Second Time, Building on Past Success

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The Nasdaq recently slid below 16,000 points again after reaching a fresh high. This pullback was largely due to the hotter-than-expected inflation report, which points to the Federal Reserve maintaining high interest rates for a few more months, possibly even beyond Q2 if inflation persists.

7 Little-Known Growth Stocks With Multibagger Upside

MCLEAN, Va. , March 5, 2024 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, announced that company management will address the Raymond James & Associates 45th Annual Institutional Investors Conference on Wednesday, March 6, at 9:50 a.m.

V2X to Participate in the Raymond James & Associates 45th Annual Institutional Investors Conference

V2X, Inc. (NYSE:VVX ) Q4 2023 Earnings Conference Call March 5, 2024 8:00 AM ET Company Participants Mike Smith - Vice President of Treasury, Investor Relations and Corporate Development Chuck Prow - President and Chief Executive Officer Shawn Mural - Senior Vice President and Chief Financial Officer Conference Call Participants Tobey Sommer - Truist Securities Joe Gomes - Noble Capital Markets Trevor Walsh - Citizens JMP Stephen Strackhouse - RBC Capital Markets Sahej Singh - Stifel Operator Thank you for joining us for the V2X Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast. Today's call is being recorded.

V2X, Inc. (VVX) Q4 2023 Earnings Call Transcript

V2X (VVX) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.92 per share a year ago.

V2X (VVX) Beats Q4 Earnings and Revenue Estimates

Fourth Quarter 2023 Summary Reported record revenue of $1.04 billion, up +6.4% y/y Achieved y/y revenue growth of 31% in the Pacific and 18% in the Middle East Operating income of $38.5 million; adjusted operating income1 of $76.2 million Net income (loss) of ($0.5) million, up $10.1 million y/y Adjusted EBITDA1 of $82.1 million with a margin1 of 7.9% Diluted EPS of ($0.02); Adjusted diluted EPS1 of $1.22 Strong year-to-date cash flow from operations of $188.0 million; Achieved net debt reduction of $137.1 million Awarded first substantial foreign military sales program valued at $400 million over 5 years 2024 Guidance: Establishing full-year 2024 guidance with revenue and adjusted EBITDA1 growth of 5% at mid-point MCLEAN, Va. , March 5, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced fourth quarter and full-year 2023 financial results.

V2X Delivers Solid Fourth Quarter and Full-Year 2023 Results

KITCHENER, Ontario, March 04, 2024 (GLOBE NEWSWIRE) -- Miovision , whose scalable intelligent transportation solutions help cities reduce traffic congestion while improving safety, has made its sixth acquisition: Traffic Technology Services (TTS) – the leading provider of connected vehicle technologies. TTS provides the connection to traffic infrastructure that powers solutions like Audi Traffic Light Information : a first of its kind, innovative offering that assists vehicle operators to identify optimum speeds to avoid red lights and reduce fuel consumption as well as allowing customers to spend time more productively knowing when a red light will turn green.

Miovision acquires V2X leader TTS

V2X is benefiting from increased US spending in the Pacific area and has a strong backlog and solid fundamentals. The company is currently undervalued due to investors overreacting to the latest guidance, despite nothing fundamentally changing. Analyzing the valuations before and after the latest earnings, it appears that V2X is currently undervalued with a potential upside of +35%.

V2X: Punished By The Latest Guidance, Now Shows Potential Upside

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Tensions are rising around the world, which is good news for some of the top defense stocks to buy. There's an ongoing war in Israel.

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MCLEAN, Va. , Feb. 14, 2024 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report fourth quarter and full year 2023 financial results on Tuesday, March 5, 2024, before market open.

V2X to Announce Fourth Quarter and Full Year 2023 Financial Results

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U.S. stocks closed mostly higher on Friday, while the S&P 500 closed above the 5,000 mark for the first time. For the week, all three indices recorded their fifth consecutive weekly gain with the S&P gaining 1.4% and the Dow adding 0.04% last week.

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MCLEAN, Va. , Jan. 4, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) was awarded a $190 million contract from the U.S. Army as part of the United States Army Central Command (USARCENT) Training and Range Operations Maintenance Services Contract (ATROMS).

V2X wins $190M U.S. Army Contract to Enhance Warfighter Readiness in Middle East Operations

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Geopolitical tensions are mounting, and the defense sector is on the rise. While some investors tend to buy into it during these times, others may find it unpalatable to profit from armed conflicts.

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V2X, Inc. (NYSE:VVX ) Q3 2023 Earnings Conference Call November 6, 2023 8:00 AM ET Company Participants Michael Smith - VP, Treasury, IR and Corporate Development Chuck Prow - President and CEO Shawn Mural - SVP and CFO Conference Call Participants Joe Gomes - Noble Capital Markets Ken Herbert - RBC Capital Markets Bert Subin - Stifel Tobey Sommer - Truist Securities Operator Thank you for joining us for V2X Third Quarter 2023 Earnings Conference Call and Webcast. Today's call is being recorded.

V2X, Inc. (VVX) Q3 2023 Earnings Call Transcript

Third Quarter 2023 Summary Reported record revenues of $1.0 billion, up 5% y/y Awarded bookings of $1.3 billion, increasing backlog to a record high of $13.3 billion Reported operating income of $21.0 million; adjusted operating income1 of $59.5 million Adjusted EBITDA1 of $64.7 million with a margin1 of 6.5% Diluted EPS1 of ($0.21); Adjusted diluted EPS1 of $0.73 Reported year-to-date cash flow from operations of $135.2 million, and reduced net debt $88.9 million MCLEAN, Va. , Nov. 6, 2023 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced third quarter 2023 financial results.

V2X Announces Third Quarter 2023 Results

V2X, the merged company of Vectrus and Vertex, is projected to diversify revenues in the aerospace & defense industry with low capital costs and high potential for expansion. The company specializes in software, logistics, and training support for the military and other government agencies, with a focus on expanding services to non-military clients. V2X has shown strong revenue growth, low capital expenditure costs, and traction with large government contracts, making it an attractive investment opportunity.

V2X: A Great Play In Aerospace And Defense With Low CapEx

V2X, Inc. is a provider of critical mission solutions and support to defense clients globally. The company has a history of mergers and acquisitions and operates in the aerospace, training, and technology markets. Analysts are expecting V2X to report Q3 2023 revenues of $968.6 million and earnings per share of $0.86.

V2X, Inc.: Significant Potential On An Undervalued Aerospace And Defense Company

MCLEAN, Va. , Oct. 23, 2023 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of critical mission solutions and support to defense clients globally, will report third quarter 2023 financial results on Monday, November 6, 2023, before market open.

V2X to Announce Third Quarter 2023 Financial Results

NOVI, Mich.--(BUSINESS WIRE)--HARMAN, an automotive technology company and subsidiary of Samsung Electronics Co., Ltd., today announced it has been selected as “Vehicle-to-Everything (V2X) Company of the Year” in the fourth annual AutoTech Breakthrough Awards conducted by AutoTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global automotive and transportation technology markets today. The HARMAN Connectivity produ.

AutoTech Breakthrough Recognizes HARMAN As 2023 “Vehicle-to-Everything (V2X) Company Of The Year”

MCLEAN, Va. , Oct. 2, 2023 /PRNewswire/ -- V2X, Inc. (NYSE: VVX), today announced Shawn Mural has been appointed as its Senior Vice President and Chief Financial Officer (CFO).

Shawn Mural Named Senior Vice President and Chief Financial Officer at V2X

TAIPEI, Taiwan--(BUSINESS WIRE)--VicOne, an automotive cybersecurity solutions provider, today announced that Askey, a global provider of network communications and electronics manufacturing, has implemented the VicOne xZETA Vulnerability scanning and SBOM management tool in the development process of its connected vehicle devices that combine onboard unit (OBU), roadside unit (RSU), and cloud-based advanced technologies for smart transportation. Askey 5G C-V2X OBU is a key for external communi.

Askey Adopts VicOne xZETA Automotive Cybersecurity Solution to Help Accelerate Time-to-Market with 5G Connected Vehicle to Everything (C-V2X) Product Vulnerability Management

MCLEAN, Va. , Aug. 30, 2023 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of critical mission solutions and support to defense clients globally, announced that company management will address the Jefferies Industrials Conference, on Wednesday, September 6, at 4:30 p.m.

V2X to Participate in the Jefferies Industrials Conference September 6

V2X, Inc. (NYSE:VVX ) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Michael Smith - VP, Treasury, IR and Corporate Development Chuck Prow - President and CEO Susan Lynch - SVP and CFO Conference Call Participants Stephen Strackhouse - RBC Capital Markets Brian Gesuale - Raymond James Tobey Sommer - Truist Securities Joseph Gomes - NOBLE Capital Markets Sahej Singh - Stifel Operator Good day, and welcome to the V2X Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

V2X, Inc. (VVX) Q2 2023 Earnings Call Transcript

V2X (VVX) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $1.41 per share a year ago.

V2X (VVX) Q2 Earnings and Revenues Surpass Estimates

Second Quarter 2023 Highlights: Revenue of $977.9 million, up 10.2% y/y on a pro forma basis Awarded significant bookings of $2.1 billion, driving backlog +10% sequentially to $13.0 billion Reported operating income of $34.3 million; adjusted operating income1 of $70.5 million Adjusted EBITDA1 of $76.4 million with a margin1 of 7.8% Diluted EPS of $0.06; adjusted diluted EPS1 of $1.01 Improved net debt to EBITDA1 leverage ratio ~0.4x to 3.48x 2023 Guidance: Increasing mid-point of 2023 revenue, adjusted EBITDA1, and adjusted diluted EPS1 guidance MCLEAN, Va. , Aug. 8, 2023 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced second quarter 2023 financial results.

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