NEGG Q3 2023 Earnings — Newegg Commerce, Inc. Revenue & Financial Results | Market Cap Arena

NEGGNewegg Commerce, Inc.

$921M

Q3 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$318M-9.0% YoY

Gross Profit

$37M11.6% margin

Operating Income

-$19M-5.9% margin

Net Income

-$15M-4.6% margin

EPS (Diluted)

$-0.77

QoQ Revenue Growth

-12.2%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$18M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$419M

Total Liabilities

$283M

Stockholders' Equity

$136M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$318M	$349M	-9.0%
Gross Profit	$37M	$46M	-20.1%
Operating Income	-$19M	-$13M	-42.1%
Net Income	-$15M	-$8M	-73.0%