GIC Q3 2023 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena

GICGlobal Industrial Company

$1B

Q3 2023 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$355M+18.8% YoY

Gross Profit

$116M32.8% margin

Operating Income

$28M8.0% margin

Net Income

$21M5.8% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$37M

Stock-Based Comp.

$900,000

Balance Sheet

Total Assets

$528M

Total Liabilities

$282M

Stockholders' Equity

$246M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$355M	$299M	+18.8%
Gross Profit	$116M	$107M	+9.1%
Operating Income	$28M	$28M	+2.5%
Net Income	$21M	$20M	+2.5%

Geographic Segments

UNITED STATES

$337M95%

CANADA

$17M5%