GIC Q3 2024 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena

GICGlobal Industrial Company

$1B

Q3 2024 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$342M-3.4% YoY

Gross Profit

$116M34.0% margin

Operating Income

$22M6.5% margin

Net Income

$17M4.9% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$9M

Stock-Based Comp.

$500,000

Balance Sheet

Total Assets

$532M

Total Liabilities

$252M

Stockholders' Equity

$279M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$342M	$355M	-3.4%
Gross Profit	$116M	$116M	+0.0%
Operating Income	$22M	$28M	-21.3%
Net Income	$17M	$21M	-18.8%

Geographic Segments

UNITED STATES

$326M95%

CANADA

$17M5%