Vectrus, Inc. (VVX) Tops Q2 EPS by 36c
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V2X (Formerly Vectrus) Reports Strong Second Quarter 2022 Results
August 9, 2022 4:05 PM EDTImportant Note: On July 5, 2022, Vectrus, Inc. closed on the merger with The Vertex Company ("the Transaction") and in connection with the closing was renamed V2X, Inc. "Reported results" reflect the contributions of Vectrus, Inc. based on results prior to the close of the Transaction, unless otherwise noted.
Vectrus Second Quarter Highlights:
Second quarter revenues of $498 million, up +6% Y/Y Operating income (inclusive of V2X transaction expenses) of $15.0 million with a margin of 3.0%Adjusted EBITDA1 of $24.7 million with a margin of 5.0%Second quarter... More