V2X Stock Price, News & Analysis

V2X, Inc. (NYSE: VVX), a top provider of mission solutions for defense clients, announced its participation in the Raymond James & Associates 44th Annual Institutional Investors Conference. This event will take place on March 6, 2023, at 4:00 p.m. Eastern time. Investors can tune into a live webcast of the briefing at this link, which will also be available for replay for 30 days. V2X was formed through the merger of Vectrus and Vertex in 2022, combining over 120 years of experience in defense support.

On March 2, 2023, V2X, Inc. (NYSE: VVX) reported strong financial results for Q4 and full-year 2022, following its merger with Vertex Aerospace. Q4 revenue reached $978.2 million, a 20% year-over-year increase on a pro forma basis, driven by significant growth in the INDOPACOM region. The company boasted a substantial backlog of over $12 billion and an adjusted EBITDA of $79.3 million. Full-year revenue was $2.891 billion, with a diluted EPS of ($0.68). For 2023, V2X anticipates revenue growth of 5% and adjusted EBITDA growth of 8%. The company successfully repaid $25 million of debt and refinanced its credit facilities for improved liquidity.

V2X, Inc. (NYSE: VVX) is set to report its financial results for the fourth quarter and full year of 2022 on March 2, 2023, after market close. A conference call with senior management will occur at 4:30 p.m. ET on the same day. Interested U.S. participants can join at 877-506-6380, while international participants may call 412-542-4198. V2X, formed from the 2022 merger of Vectrus and Vertex, delivers mission support to defense clients globally, employing about 14,000 personnel. A replay of the call will be accessible on the company's investor relations website for one year.

V2X, Inc. (NYSE: VVX) has announced a prepayment of $25 million on its $185 million Second Lien Term Loan, made on December 30, 2022. This strategic move aims to reduce interest expenses and enhance shareholder returns. CFO Susan Lynch emphasized the company's commitment to improving its cost of capital and achieving further interest savings. V2X, formed by the merger of Vectrus and Vertex, provides critical mission solutions to defense clients worldwide, leveraging over 120 years of combined experience.

Vectrus, Inc. announced its third quarter 2022 financial results following the merger with Vertex Aerospace, forming V2X, Inc. Key highlights include a solid revenue of $958.2 million, with pro forma revenue up 10% y/y. Adjusted operating income reached $73.6 million, and adjusted EBITDA was $79.0 million, achieving an 8.2% margin. The company reduced its net debt by $87 million since the merger, showcasing strong cash flow generation. V2X raised its guidance for the second half of 2022, reflecting confidence in growth opportunities.

V2X, Inc. (NYSE: VVX) will announce its third-quarter financial results for the period ending September 30, 2022, on November 8, 2022, after market close. The company, formed from the merger of Vectrus and Vertex in 2022, provides vital mission solutions to defense clients globally. Senior management will host a conference call at 4:30 p.m. ET on the same day. Interested participants can join via provided dial-in numbers or through a live webcast available on the V2X Investor Relations website.

V2X, Inc. (NYSE: VVX) reported Q2 2022 revenues of $498 million, marking a 6% year-over-year increase. Operating income stood at $15 million, with a margin of 3%. Adjusted EBITDA reached $24.7 million, representing a 5% margin. The merger with Vertex solidifies a pro forma annual revenue of approximately $3.6 billion. Cash generated from operations was $46 million, while net debt decreased to $58.4 million. The company projects second-half 2022 revenue between $1.90 to $1.94 billion and adjusted EBITDA between $140 to $150 million, highlighting strong financial stability and growth potential.

On August 2, 2022, V2X, Inc. (NYSE: VVX) announced its participation in the Jefferies Industrials Conference scheduled for August 10 at 3:30 p.m. Eastern Time. The company's management will present at the event, which will be accessible via a live webcast. V2X, a leader in mission solutions for defense clients, was formed in 2022 through the merger of Vectrus and Vertex, boasting over 120 years of combined experience. The company provides integrated solutions in operations, logistics, aerospace, training, and technology to various clients.

V2X, Inc. (NYSE: VVX) will report its financial results for the second quarter ending July 1, 2022, on August 9, 2022. The report will be followed by a conference call at 4:30 p.m. ET on the same day. Investors can access the call by dialing 877-242-2259 for U.S. participants or 416-981-9017 for international participants. A live webcast and presentation will be available on the V2X Investor Relations website. V2X, formed from the merger of Vectrus and Vertex, offers mission solutions to defense clients worldwide, employing approximately 14,000 people.