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Stock impact report

V2X Delivers Solid Fourth Quarter and Full-Year 2023 Results [Yahoo! Finance]

V2X, Inc. (VVX) 
Company Research Source: Yahoo! Finance
Operating income of $38.5 million ; adjusted operating income of $76.2 million Net income (loss) of ($0.5) million , up $10.1 million y/y Adjusted EBITDA of $82.1 million with a margin of 7.9% Diluted EPS of ; Adjusted diluted EPS of 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 EBITDA 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. "I'm pleased to report a strong finish to 2023, with record revenue and strong operational performance which drove significant cash generation and net debt reduction," said Chuck Prow , President and Chief Executive Officer of V2X. "I'd like to thank our teams that demonstrated agility and excellent per Show less Read more
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