Defense company V2X falls on lower 2023 profit outlook

V2X

06/11/2023 19:46

** Defense firm V2X's  VVX.N  shares down 17% at $42.70, hit
more than five-month low
    ** Company cuts 2023 adj earnings outlook to
$3.50/shr-$3.75/shr from $3.85/shr-$4.30/shr
    ** V2X posts Q3 adj loss of $0.21/shr vs est of profit of
$0.15/shr - LSEG data
    ** Company's shares up 3.5% YTD

 (Reporting by Sruthi Narasimha Chari in Bengaluru)
 ((sruthinarasimha.chari@thomsonreuters.com))