OSG Q2 2020 Earnings — Octave Specialty Group, Inc. Revenue & Financial Results | Market Cap Arena

OSGOctave Specialty Group, Inc.

$237M

Q2 2020 Earnings

Financial Services Insurance - Specialty

Income Statement

Revenue

$75M-15.7% YoY

Gross Profit

$59M78.7% margin

Operating Income

-$34M-45.3% margin

Net Income

-$35M-46.7% margin

EPS (Diluted)

$-0.76

QoQ Revenue Growth

+207.1%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$25M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$11.6B

Stockholders' Equity

$1.1B

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75M	$89M	-15.7%
Gross Profit	$59M	$222M	-73.4%
Operating Income	-$34M	-$100M	+66.0%
Net Income	-$35M	-$128M	+72.7%