Business
V2X Delivers First Quarter Results and Reaffirms Full-Year Guidance
V2X, Inc. (NYSE:VVX) announced first quarter 2025 financial results.
About this update from V2x, Inc.
[{"type":"text","content":"First Quarter Highlights","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $1.02 billion with +10% y/y growth in Indo-Pacific region","length":68,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income of $8.1 million; Adjusted net income1 of $31.5 million, up 10% y/y","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 of $67.0 million, with a margin of 6.6%","length":56,"tagName":"p"}]},{"val":[{"type":"text","content":"Diluted EPS of $0.25; Adjusted diluted EPS1 of $0.98, up 9% y/y","length":63,"tagName":"p"}]},{"val":[{"type":"text","content":"Enhanced capital structure to generate interest expense savings and cash flow","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Notable progress on new Foreign Military and International Sales opportunities","length":78,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":419,"olType":false},{"type":"text","content":"RESTON, Va., May 5, 2025 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announced first quarter 2025 financial results.","length":109,"tagName":"p"},{"type":"image","alt":"V2X (PRNewsfoto/V2X, Inc.)","displaySize":"","headline":null,"caption":"V2X (PRNewsfoto/V2X, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":134,"url":"https://media.zenfs.com/en/prnewswire.com/e68527f1ec9ca3cd1570ec2501fa4c1b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/r6pxh2xK9AdkSJ6pp2z25w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIzNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e68527f1ec9ca3cd1570ec2501fa4c1b","width":400,"height":134}},"href":"https://mma.prnewswire.com/media/1852552/V2X_Color_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""The overall trends in our market remain positive and are being driven by customer requirements to improve deterrence, enhance readiness, and strengthen national security," said Jeremy C. Wensinger, President and Chief Executive Officer. "We are performing well as V2X possesses the unique full lifecycle, mission driven solutions to deliver on these requirements. The V2X value proposition is being recognized by customers and is demonstrated by our recent wins and extensions, which provide substantial visibility for the next several years."","length":564,"tagName":"p"},{"...