MODV Q2 2023 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q2 2023 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$699M+11.3% YoY

Gross Profit

$110M15.7% margin

Operating Income

-$176M-25.1% margin

Net Income

-$191M-27.3% margin

EPS (Diluted)

$-13.47

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

-$108M

Free Cash Flow

-$117M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.6B

Stockholders' Equity

$161M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$699M	$628M	+11.3%
Gross Profit	$110M	$124M	-11.4%
Operating Income	-$176M	$23M	-859.4%
Net Income	-$191M	$5M	-3647.2%

Revenue Segments

Other Service Revenue

$3M100%