VVX Q1 2023 Earnings — V2X, Inc. Revenue & Financial Results | Market Cap Arena

VVXV2X, Inc.

$2B

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$943M+106.7% YoY

Gross Profit

$79M8.4% margin

Operating Income

$31M3.2% margin

Net Income

-$17M-1.9% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

-$38M

Free Cash Flow

-$48M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.2B

Stockholders' Equity

$978M

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$943M	$456M	+106.7%
Gross Profit	$79M	$37M	+111.9%
Operating Income	$31M	$5M	+483.9%
Net Income	-$17M	$3M	-712.3%

Geographic Segments

UNITED STATES

$549M58%

Middle East

$281M30%

Asia

$64M7%

Europe

$49M5%