FWRD Q1 2020 Earnings — Forward Air Corporation Revenue & Financial Results | Market Cap Arena

FWRDForward Air Corporation

$610M

Q1 2020 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$306M-5.0% YoY

Gross Profit

$54M17.7% margin

Operating Income

$16M5.2% margin

Net Income

$8M2.7% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-19.9%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$27M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$500M

Stockholders' Equity

$566M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$306M	$321M	-5.0%
Gross Profit	$54M	$65M	-17.3%
Operating Income	$16M	$25M	-36.2%
Net Income	$8M	$18M	-54.5%

Revenue Segments

Expedited Freight

$251M42%

Network revenue

$152M26%

Intermodal

$52M9%

Final Mile revenue

$48M8%

Truckload revenue

$45M8%

Pool Distribution

$39M7%

Other revenue

$6M1%