RESTON, Va. , Feb. 26, 2025 /PRNewswire/ -- V2X (NYSE: VVX) Inc., announces its award of a $100 million contract to provide aviation maintenance and support services for the Federal Bureau of Investigation's (FBI) Critical Incident Response Group.
V2X (VVX) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.22 per share a year ago.
Fourth Quarter Highlights Record revenue of $1.16 billion, up 11% y/y Indo-Pacific revenue growth of 27% y/y driven by increased demand Book-to-bill of 1.2x in the quarter and total backlog of $12.5 billion as of December 31, 2024 Record net income of $25.0 million; Adjusted net income1 of $42.7 million, up 10% y/y Grew adjusted EBITDA1 $4.1 million y/y to $86.2 million, with a margin of 7.4% Diluted EPS of $0.78; Adjusted diluted EPS1 of $1.33, up 9% y/y Strong year-to-date cash flow from operations of $254 million Achieved net debt reduction of $210 million and 2.6x net leverage ratio1 RESTON, Va. , Feb. 24, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) announced fourth quarter and full-year 2024 financial results.
BOSTON--(BUSINESS WIRE)--Resource Innovations (RI), a leading provider of clean energy solutions, and The Mobility House (TMH), a global leader in vehicle-grid integration (VGI) technology, have been selected by the Massachusetts Clean Energy Center (MassCEC) to spearhead a first-of-its-kind statewide vehicle-to-everything (V2X) demonstration program. This two-year initiative will deploy bidirectional charging infrastructure to enhance grid resilience, reduce energy costs, and increase renewabl.
V2X (VVX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RESTON, Va. , Feb. 13, 2025 /PRNewswire/ -- V2X Inc. (NYSE: VVX) has been awarded a position on the General Services Administration's (GSA) One Acquisition Solution for Integrated Services Plus (OASIS+) contract across all eight domains, solidifying its role as a leading provider of integrated mission solutions for the U.S. Government.
Despite a recent 3% decline, V2X hit my price target and peaked at $69.75, validating my buy rating. AIP's sale of 2.5 million shares at $61 impacted V2X's stock, but this was a strategic move, not earnings-related. V2X faces DOGE initiative risks, but its essential military logistics services and improved free cash flow prospects mitigate these concerns.
The report presents a comprehensive view of V2X technology, from patent and market trends to competitive dynamics. It integrates patent data, market analysis, and detailed insights into technological advancements and key players, serving as an invaluable resource for stakeholders in R&D, policy development and investment. The report presents a comprehensive view of V2X technology, from patent and market trends to competitive dynamics. It integrates patent data, market analysis, and detailed insights into technological advancements and key players, serving as an invaluable resource for stakeholders in R&D, policy development and investment.
MCLEAN, Va. , Jan. 23, 2025 /PRNewswire/ -- V2X, Inc., (NYSE: VVX), a leading provider of global mission solutions, will report fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after market close.
RESTON, Va. , Jan. 13, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) has named L.