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 Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

V2X Inc reports robust Q4 earnings, eyes growth opportunities

V2X Inc's strong Q4 performance, successful merger completion, and strategic initiatives position the company for continued growth. With a focus on debt reduction, revenue synergies, and market opportunities, V2X Inc aims for steady revenue and EBITDA growth in 2023.

V2X Inc reports strong Q1 earnings, secures key contracts for growth

V2X Inc delivered a robust Q1 2023 performance with significant revenue growth and contract wins. Despite facing challenges related to debt management and leverage ratios, the company's strong backlog and strategic initiatives position it well for future growth. Analyst questions highlighted areas for improvement and strategic focus.

V2X Inc reports robust Q2 earnings, eyes growth through new business

V2X Inc's Q2 2023 earnings call highlighted a successful quarter with strong revenue growth, significant bookings, and improved financial metrics. The company's strategic focus on winning new business and enhancing capabilities positions it well for future growth opportunities. While challenges in maintaining growth exist, V2X's performance and outlook remain positive.

V2X Inc (VVX) achieves record revenue in Q3 2023

V2X Inc (VVX) delivered a strong performance in Q3 2023 with record revenue and notable contract wins.
While facing challenges in adjusted outlook, the company's strategic strengths lie in technology solutions and financial discipline.
Opportunities for growth exist through new business pipelines and market share expansion, supported by a positive outlook.

V2X Inc (VVX) reports robust Q4 performance and bullish 2024 outlook

V2X Inc (VVX) delivered a strong Q4 2023 performance, exceeding revenue targets and demonstrating solid financial health.
The company secured significant new contracts, provided strong 2024 guidance, and aims to reduce leverage ratio, showcasing a commitment to growth and stability.
Despite challenges in managing leverage and interest expenses, V2X's focus on shareholder value creation and robust growth opportunities position it for continued success.

V2X Inc reports strong Q1 earnings, eyes tech expansion opportunities

V2X Inc delivered solid financial performance in Q1 2024, driven by revenue growth in key regions and successful contract wins. The company's focus on technology expansion and cost structure improvements bode well for future growth.
While facing challenges related to seasonality, competition, and restructuring efforts, V2X remains well-positioned to leverage opportunities in technology expansion, contract wins, and client relationships.
Overall, V2X's strategic initiatives, strong market presence, and positive outlook for meeting client requirements underscore its potential for sustained growth and profitability in the future.

V2X Inc reports strong Q3 earnings, eyes global expansion opportunities

V2X Inc's Q3 2024 earnings call highlighted robust financial performance, driven by revenue growth and improved profitability metrics. The company's strategic focus on global missions and diversified wins position it well for future growth.
While facing challenges in managing leverage and sustaining growth, V2X Inc can capitalize on opportunities in key regions and maintain its momentum through consistent revenue guidance for 2025.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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. , May 2, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) is proud to announce it has been awarded a firm-fixed price contract valued at $88 million, including option periods.

V2X Lands $88 Million Contract, Expanding Navy IT and Communications Support in the Pacific Region

MCLEAN, Va. , May 1, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) has been awarded a total of $75 million in new and follow-on work to advance the next generation of threat detection and response to Chemical, Biological, Radiological, and Nuclear (CBRN) hazards.

V2X Announces $75 Million in Awards to Enhance Global CBRN Threat Detection and Decision Support Systems

MCLEAN, Va. , April 23, 2024 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report first quarter 2024 financial results on Tuesday, May 7, 2024, before market open.

V2X to Announce First Quarter 2024 Financial Results

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

Grid Dynamics Holdings Inc

Magnite

Ring Energy

Vital Energy Inc

Clear Secure

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

Ducommun

General Dynamics

Terran Orbital Corp

Lockheed Martin

Palantir Technologies

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.

7 Defense Stocks to Buy as Tensions Rise in the Middle East

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

Masco

Everbridge

LGI Homes

Varonis Systems

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.

This Analyst With 87% Accuracy Rate Sees Around 12% Upside In Masco - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Masco (NYSE:MAS)

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

Astronics

Mercury Systems

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.

Red Alert: 3 Defense Stocks to Sell Before They Decline

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.

News for V2X Inc Stock (VVX)