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V2X: Q1 Earnings Snapshot

RESTON, Va. (AP) — RESTON, Va. (AP) — V2X, Inc. (VVX) on Monday reported first-quarter profit of $18.9 million.

On a per-share basis, the Reston, Virginia-based company said it had profit of 60 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.53 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.

The government services company posted revenue of $1.25 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.12 billion.

V2X expects full-year earnings in the range of $5.75 to $6.15 per share, with revenue in the range of $4.83 billion to $4.97 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VVX at https://www.zacks.com/ap/VVX

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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