HBM Q2 2024 Earnings — Hudbay Minerals Inc. Revenue & Financial Results | Market Cap Arena

HBMHudbay Minerals Inc.

$9B

Q2 2024 Earnings

Basic Materials Copper

Income Statement

Revenue

$426M+36.3% YoY

Gross Profit

$78M18.2% margin

Operating Income

$45M10.5% margin

Net Income

-$17M-3.9% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-19.0%

Cash Flow

Operating Cash Flow

$140M

Free Cash Flow

$51M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$2.9B

Stockholders' Equity

$2.5B

Cash & Equivalents

$486M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$426M	$312M	+36.3%
Gross Profit	$78M	$23M	+239.0%
Operating Income	$45M	-$228,000	+19705.3%
Net Income	-$17M	-$15M	-10.5%