Michael Fitzsimmons In May, I covered V2X (NYSE:VVX) and maintained my buy rating and since then, the stock has gained 11.3%, closing in on my $54 price target. The stock price received a 13.5% push on the 21st of August as the US Army placed a $3.2 billion task order with V2X. In this report, I will be discussing the most recent earnings, outlook and assessing the rating and stock price target. V2X Sales And Earnings Are Slowly Increasing On A Sequential Basis V2X V2X is not a company that develops state-o ...

业绩总结 - 公司第二季度2024年创下记录收入为10.7亿美元，同比增长10%[7] - 调整后EBITDA为7230万美元，EBITDA利润率为6.7%[7] - 调整后每股收益为0.83美元[7] - 2024年6月28日的收入为1,072,183千美元，较2023年6月30日的977,852千美元增长了9.6%[30] - 调整后的运营收入为65,756千美元，较2023年同期的71,839千美元下降了8.9%[30] - 调整后的EBITDA为72,269千美元，较2023年同期的77,753千美元下降了7.1%[30] - 调整后的净收入为26,264千美元，较2023年同期的34,627千美元下降了24.2%[30] - 2024年6月28日的净收入为(6,544)千美元，较2023年同期的1,799千美元下降了463.5%[30] - 调整后的每股收益为0.83美元，较2023年同期的1.10美元下降了24.5%[30] - 调整后的运营现金流为54,913千美元，较2023年同期的60,768千美元下降了9.7%[30] 订单与展望 - 公司获得超过40亿美元的显著新订单，包括支持NASA人类航天飞行任务的2.65亿美元合同[7] - 截至2024年第二季度，公司的总订单积压为12246百万美元[20] - 2024年收入指引上调至41.75亿至42.75亿美元[21] - 2024年调整后EBITDA指引维持在3亿至3.15亿美元[21] - 2024年调整后每股收益指引维持在3.85至4.20美元[21] 财务状况 - 净负债比率为3.6倍，目标在2024年底前降至3.0倍以下[18] - 现金利息支出净额为26,804千美元，较2023年同期的29,771千美元下降了6.6%[30] - 净杠杆比率为净债务除以过去12个月的银行EBITDA[29] 客户基础与市场 - 公司在全球50多个国家拥有广泛的客户基础，致力于高优先级任务[23]

财务数据和关键指标变化 - 公司Q2营收为10.72亿美元,同比增长10% [15] - 调整后EBITDA为7230万美元,利润率为6.7% [16] - 调整后每股收益为0.83美元 [16] - 上半年营收为20.83亿美元,同比增长8% [17] - 上半年调整后EBITDA为1.414亿美元,利润率为6.8% [17] - 上半年调整后每股收益为1.72美元 [18] 各条业务线数据和关键指标变化 - 中东和亚太地区业务持续增长,分别增长29%和10% [42] - 一些过渡期业务如T1A和KC-10项目在本季度基本完成 [46] 各个市场数据和关键指标变化 - 公司在太平洋和中东地区的业务表现强劲,是公司的关键市场 [24][26] - 太平洋地区国防部预算在2025财年将增加约60% [26] 公司战略和发展方向及行业竞争 - 公司规模和全球布局是其核心竞争力 [24] - 公司业务与国防部重点领域高度吻合,如太平洋地区 [25][26] - 公司正在加大人工智能和机器学习等技术在业务中的应用 [27] - 公司正从整合阶段转向优化和卓越执行阶段,以提升绩效 [28][33][51] 管理层对经营环境和未来前景的评论 - 公司在关键市场和重点领域保持强劲业绩,前景良好 [24][25][26] - 公司正在加强技术创新,提升执行力,为未来发展奠定基础 [27][33][51] 其他重要信息 - 公司在本季度获得了多个重大合同,总金额超过40亿美元 [8] - 公司提高了2024年全年营收指引,维持了其他财务指标指引 [23] - 公司资产负债表和流动性状况良好,净债务率为3.6倍 [20] - 公司在过去一年内通过再融资成功降低了170个基点的平均利率 [19] 问答环节重要的提问和回答 问题1 **Joe Gomes 提问** 对于公司的新任CEO,提问其初步印象和未来重点 [30][31][32][33][34] **Jeremy Wensinger 回答** 对公司人才和执行力表示高度认可,未来将重点提升执行力和优化业务 [31][32][33][34] 问题2 **Tobey Sommer 提问** 询问公司利润率指引持平的原因 [41][42][43][44][45][46][47][48] **Shawn Mural 和 Jeremy Wensinger 回答** 一些低毛利的临时性业务拉低了整体利润率,但公司正在采取措施提升 [42][46] 问题3 **Ken Herbert 提问** 询问公司在优化方面的具体计划和未来利润率展望 [50][51][52][53][54] **Jeremy Wensinger 回答** 公司将通过提升运营效率、技术创新等措施来优化业务,未来利润率有望逐步提升 [51][52]

V2X (VVX) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -1.19%. A quarter ago, it was expected that this government services company would post earnings of $0.75 per share when it actually produced earnings of $0.90, delivering a surprise of 20%. Over the last four quarters, the com ...

财务表现 - 公司在2024年第二季度发布了财报和业绩指引[11] - 2024财年全年收入和利润指引[11] 用户数据和市场份额 - 用户数据和市场份额情况[11] 研发和创新 - 新产品和新技术研发情况[11] 市场拓展和并购 - 市场扩张和并购计划[11]

Second Quarter and Recent Highlights Record revenue of $1.07 billion, up 10% y/y Operating income of $27.4 million; adjusted operating income1 of $65.8 million Net loss of $6.5 million, down $8.3 million y/y Adjusted EBITDA1 of $72.3 million with a margin1 of 6.7% Diluted EPS of ($0.21); Adjusted diluted EPS1 of $0.83 Over $4 billion of recent awards, including a new award valued up to $3.0+ billion to provide next generation readiness Successfully repriced and extended $904 million Term Loan B 2024 Guidanc ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider V2X (VVX) . This company, which is in the Zacks Technology Services industry, shows potential for another earnings beat.This government services company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 17.01%.For the mo ...

Wall Street expects a year-over-year decline in earnings on higher revenues when V2X (VVX) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 6, 2024, might help the stock move higher if these key numbers are better than expectations. On ...

MCLEAN, Va., July 22, 2024 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) announces the award of a  $48.5 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army, under the purview of the PEO Soldier portfolio, for the innovative Gateway Mission Router (GMR). The GMR creates a fully converged operational environment on the battlefield for our warfighters by seamlessly integrating information and assured communications across multiple domains. The contract spans four years and underscores V2X' ...

MCLEAN, Va., July 17, 2024 /PRNewswire/ -- V2X Inc. (NYSE: VVX) proudly announces its award of a $141 million cost-plus-fixed-fee task order to continue providing comprehensive engineering support for Command, Control, Communications, Computer, and Intelligence (C4I) systems. This task order is part of the Navy's Fleet Systems Engineering Team (FSET) program, which V2X has supported for 25 years, ensuring that no U.S. Navy Strike Group or Amphibious Ready Group deploys without V2X."V2X provides a full range ...