TEN Q2 2018 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q2 2018 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.5B+9.5% YoY

Gross Profit

$378M14.9% margin

Operating Income

$121M4.8% margin

Net Income

$50M2.0% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

-$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$282M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.3B	+9.5%
Gross Profit	$378M	$371M	+1.9%
Operating Income	$121M	$27M	+348.1%
Net Income	$50M	-$3M	+1766.7%

Revenue Segments

Substrate Sales

$621M100%