V2X Q2 record revenue $1.07B (+10% YoY), raises full-year revenue guidance

V2X, Inc.

2024-Q2 EPS reported -$0.17 revenue$2,082,747,000

Record Q2 revenue $1.07B, up 10% YoY; net loss $6.5M vs prior year.
Diluted EPS ($0.21); adjusted diluted EPS $0.83. Adjusted EBITDA $72.3M (6.7% margin).
2024 revenue guidance raised to $4.175B-$4.275B; reaffirmed Adj. EBITDA, EPS, OCF.
Recent awards >$4B, including a $3.0B+ next-gen readiness award and $747M F-5 program.
Term Loan B repriced and extended; net debt $1.15B, net leverage 3.56x.

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