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

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Earnings data Q2 2023

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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.

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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.

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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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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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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.

V2X Announces Strong Second Quarter 2023 Results

MCLEAN, Va. , July 26, 2023 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of critical mission solutions and support to defense clients globally, will report second quarter 2023 financial results on Tuesday, August 8, 2023, after market close.

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