V2X Inc
For the period ended Mar 29, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 29, 2024 · Filed May 7, 2024
VVX$82.71+1.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income (Loss)
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED)
| Three Months Ended | ||
|---|---|---|
| March 29, | March 31, | |
| (In thousands, except per share data) | 2024 | 2023 |
| Revenue | $1,010,564 | $943,460 |
| Cost of revenue | 940,290 | 864,630 |
| Selling, general, and administrative expenses | 39,943 | 48,251 |
| Operating income | 30,331 | 30,579 |
| Loss on extinguishment of debt | — | (22,052) |
| Interest expense, net | (27,574) | (31,744) |
| Other expense, net | (1,633) | — |
| Income (loss) from operations before income taxes | 1,124 | (23,217) |
| Income tax benefit | (20) | (5,737) |
| Net income (loss) | $1,144 | $(17,480) |
| Earnings (loss) per share | ||
| Basic | $0.04 | $(0.57) |
| Diluted | $0.04 | $(0.57) |
| Weighted average common shares outstanding - basic | 31,351 | 30,927 |
| Weighted average common shares outstanding - diluted | 31,794 | 30,927 |
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