PRMB Q1 2023 Earnings — Primo Brands Corporation Revenue & Financial Results | Market Cap Arena

PRMBPrimo Brands Corporation

$8B

Q1 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$413M-21.6% YoY

Gross Profit

$259M62.8% margin

Operating Income

$24M5.9% margin

Net Income

$6M1.4% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.4B

Stockholders' Equity

$1.3B

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$413M	$526M	-21.6%
Gross Profit	$259M	$300M	-13.6%
Operating Income	$24M	$21M	+14.6%
Net Income	$6M	-$7M	+186.6%