V2X, Inc. (NYSE:VVX) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET

Company Participants

Mike Smith - Vice President, Treasury, Investor Relations & Corporate Development
Chuck Prow - President & Chief Executive Officer
Shawn Mural - Senior Vice President & Chief Financial Officer

Conference Call Participants

Ken Herbert - RBC Capital Markets
Tobey Sommer - Truist Securities
Trevor Walsh - Citizen's JMP
Bert Subin - Stifel
Joe Gomes - Noble Capital

Operator

Thank you for joining us for the V2X First Quarter 2024 Earnings Conference Call and Webcast. Today's call is being recorded. My name is Rob and I'll be the operator for today's call.

At this time, all participants have been placed in listen-only mode. Following management's presentation, I will open the call up for a Q&A session. [Operator Instructions] As a reminder, this conference is being recorded.

And now, I'll pass the call over to your host, Mike Smith, Vice President of Treasury, Investor Relations and Corporate Development at V2X.

Mike Smith

Thank you. Good morning everyone. Welcome to the V2X first quarter 2024 earnings conference call.

Joining us today are Chuck Prow, President and Chief Executive Officer; and Shawn Mural, Senior Vice President and Chief Financial Officer. Today Chuck will highlight the company's recent awards as well as highlight some strategic initiatives and then Shawn will walk us through the first quarter financial performance. Slides for today's presentation are available on the Investor Relations section of our website gov2x.com.

Please turn to Slide 2. During today's presentation, management will be making forward-looking statements pursuant to the Safe Harbor provisions of the Federal Securities Laws.

Please review our Safe Harbor statements in our press release and presentation materials for a description of some of the factors that may cause actual results to differ materially from the results contemplated by these forward-looking statements. The company assumes no obligation to update its forward-looking statements.

Additionally, I'd like to point out that in addition to GAAP earnings, we will be discussing and reporting various adjusted non-GAAP metrics, including adjusted EBITDA and margin, adjusted operating cash flow, adjusted net income, and adjusted diluted earnings per share.

The definition of these non-GAAP measures can be found in our presentation materials available on our Investor Relations' website and in our press release filed with the SEC.

At this time, I'd like to turn the call over to Chuck Prow.

Chuck Prow

Thank you, Mike and good morning everyone. Thank you for joining us on the call today. Please turn to Slide 3. I'd like to thank our employees for all of their contributions and commitment to our clients' missions that resulted in a great start to the year. In particular, I would like to take a moment to recognize our veteran workforce. V2X remains a leading participant in the veterans ecosystem with almost 50% of our 16,000 employees having prior military service. Our veteran talent base has been key to V2X's growth and I am honored that V2X has once again been recognized as a top Military-Friendly Employer by VIQTORY.