OSG Q2 2019 Earnings — Octave Specialty Group, Inc. Revenue & Financial Results | Market Cap Arena

OSGOctave Specialty Group, Inc.

$237M

Q2 2019 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$89M-40.9% YoY

Gross Profit

$222M249.4% margin

Operating Income

-$100M-112.4% margin

Net Income

-$128M-143.8% margin

EPS (Diluted)

$-2.78

QoQ Revenue Growth

-11.9%

Cash Flow

Operating Cash Flow

-$170M

Free Cash Flow

-$170M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$13.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$89M	$151M	-40.9%
Gross Profit	$222M	$118M	+88.1%
Operating Income	-$100M	$6M	-1685.3%
Net Income	-$128M	$4M	-3067.8%