09:35 AM EDT, 05/07/2024 (MT Newswires) -- V2X (VVX) reported Q1 adjusted earnings Tuesday of $0.90 per diluted share, up from $0.83 a year earlier.

Analysts polled by Capital IQ expected $0.81.

Revenue for the quarter ended March 29 was $1.01 billion, up from $943.5 million a year earlier.

Analysts surveyed by Capital IQ expected $972.5 million.

The defense contractor said it continues to expect 2024 adjusted earnings of $3.85 to $4.20 per diluted share on revenue of $4.10 billion to $4.20 billion. Analysts polled by Capital IQ expect normalized EPS of $4.08 and revenue of $4.15 billion.

Shares of the company were up 1.7% in early trading Tuesday.

Price: 53.00, Change: +0.89, Percent Change: +1.71