MODV Q2 2024 Earnings — ModivCare Inc. Revenue & Financial Results | Market Cap Arena

MODVModivCare Inc.

$6M

Q2 2024 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$698M-0.1% YoY

Gross Profit

$110M15.8% margin

Operating Income

-$99M-14.2% margin

Net Income

-$129M-18.5% margin

EPS (Diluted)

$-9.07

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$55M

Free Cash Flow

-$62M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.7B

Stockholders' Equity

$10M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$698M	$699M	-0.1%
Gross Profit	$110M	$110M	+0.3%
Operating Income	-$99M	-$176M	+43.7%
Net Income	-$129M	-$191M	+32.5%

Revenue Segments

Other Service Revenue

$2M100%