ACNT Q2 2020 Earnings — Ascent Industries Co. Revenue & Financial Results | Market Cap Arena

ACNTAscent Industries Co.

$120M

Q2 2020 Earnings

Basic Materials Steel

Income Statement

Revenue

$66M-16.0% YoY

Gross Profit

$4M6.6% margin

Operating Income

-$11M-16.1% margin

Net Income

-$7M-10.5% margin

EPS (Diluted)

$-0.77

QoQ Revenue Growth

-11.5%

Cash Flow

Operating Cash Flow

$469,000

Free Cash Flow

-$913,000

Stock-Based Comp.

$430,000

Balance Sheet

Total Assets

$251M

Total Liabilities

$153M

Stockholders' Equity

$98M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$66M	$79M	-16.0%
Gross Profit	$4M	$8M	-44.4%
Operating Income	-$11M	$572,190	-1965.5%
Net Income	-$7M	-$262,738	-2547.9%