NEGG Q1 2024 Earnings — Newegg Commerce, Inc. Revenue & Financial Results | Market Cap Arena

NEGGNewegg Commerce, Inc.

$921M

Q1 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$309M-14.5% YoY

Gross Profit

$32M10.2% margin

Operating Income

-$15M-4.8% margin

Net Income

-$12M-4.0% margin

EPS (Diluted)

$-0.64

QoQ Revenue Growth

-32.2%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$32M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$378M

Total Liabilities

$264M

Stockholders' Equity

$115M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$309M	$362M	-14.5%
Gross Profit	$32M	$41M	-22.3%
Operating Income	-$15M	-$17M	+13.4%
Net Income	-$12M	-$15M	+14.9%