secwatch.observer — SEC 8-K summary
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Issuer:     V2X, Inc. (VVX)
CIK:        0001601548
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001601548-22-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vectrus Q1 revenue up 5.2% to $456.5M; adj. EPS $1.01; reiterates FY22 guidance
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- Revenue $456.5M, +5.2% YoY; adjusted EBITDA $18.2M (4.0% margin) vs 4.8% prior year.
- Adjusted diluted EPS $1.01 (down from $1.20); GAAP EPS $0.24 includes $9.1M M&A costs.
- Key wins: LOGCAP V ahead of schedule; $60M Navy Spectrum Management; Air Force Europe task order.
- FY22 guidance reiterated: revenue $1.82-1.86B, adj. EBITDA margin 4.5-4.7%, adj. EPS $4.57-4.93.
- Backlog $4.5B (~2.5x est. 2022 rev); net debt $96.8M, down $41.9M YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601548/000160154822000074/0001601548-22-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601548/000160154822000074/vec-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001601548-22-000074

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