V2X reports Q4 record revenue of $1.04B, up 6.4% YoY; guides FY2024 revenue growth 5%

V2X, Inc.

Q4 revenue record $1.04B (+6.4% YoY); GAAP EPS ($0.02), adjusted EPS $1.22.
FY2023 revenue $3.96B (+8% pro forma); adjusted EBITDA $293.9M (7.4% margin); GAAP EPS ($0.73).
Net debt reduced $137.1M in 2023; leverage ratio improved to 3.3x from 3.7x.
Awarded $400M foreign military sales program for aviation support in Middle East over 5 years.
2024 guidance: revenue $4.1-4.2B, adjusted EBITDA $300-315M, adjusted EPS $3.85-4.20.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

V2X, Inc. updated its the fourth quarter and full year ending December 31, 2023 guidance (initiated).

Period: the fourth quarter and full year ending December 31, 2023
Guidance: initiated
Result: reported results

Exact text from the filing

Attached hereto as Exhibit 99.1 and incorporated by reference herein is a press release issued by V2X, Inc. (the “Company”) on March 5, 2024 that includes financial information for the Company for the fourth quarter and full year ending December 31, 2023 and guidance for fiscal 2024.

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V2X, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-008743

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