VVX Q1 2024 Earnings — V2X, Inc. Revenue & Financial Results | Market Cap Arena

VVXV2X, Inc.

$2B

Q1 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$1.0B+7.1% YoY

Gross Profit

$70M7.0% margin

Operating Income

$30M3.0% margin

Net Income

$1M0.1% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

-$57M

Free Cash Flow

-$65M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.1B

Stockholders' Equity

$994M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$943M	+7.1%
Gross Profit	$70M	$79M	-10.9%
Operating Income	$30M	$31M	-0.8%
Net Income	$1M	-$17M	+106.5%

Geographic Segments

UNITED STATES

$545M54%

Middle East

$343M34%

Asia

$69M7%

Europe

$54M5%