V2X Reports Record Revenue in Fourth Quarter 2024, Driving Strong Year-End Performance
Portfolio Pulse from
V2X, Inc. (NYSE: VVX) reported record revenue of $1.16 billion for Q4 2024, marking an 11% year-over-year increase. The company saw significant growth in the Indo-Pacific region and achieved a book-to-bill ratio of 1.2x. V2X's net income reached $25 million, with adjusted net income at $42.7 million, up 10% year-over-year. The company also reported strong cash flow and reduced net debt by $210 million.
February 24, 2025 | 9:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
V2X, Inc. reported record Q4 2024 revenue of $1.16 billion, an 11% increase year-over-year, with strong growth in the Indo-Pacific region. The company achieved a book-to-bill ratio of 1.2x and reduced net debt by $210 million.
The record revenue and significant growth in key regions like Indo-Pacific, along with a strong book-to-bill ratio and net debt reduction, are positive indicators for V2X's financial health and future performance. These factors are likely to positively impact VVX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100