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VIRI: Q2 2026 delivered improved backlog and cash flow despite revenue declines from geopolitical headwinds
Q2 2026 saw revenue and EBITDA decline year-over-year due to geopolitical disruptions, but commercial momentum improved with a 19% increase in GEO backlog and positive net cash flow. The company maintains its $100 million net cash flow target for 2026, supported by strong tender activity and ongoin…