VSEC Q1 2020 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q1 2020 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$177M+4.4% YoY

Gross Profit

$16M9.2% margin

Operating Income

$16M9.1% margin

Net Income

$3M1.9% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$6M

Stock-Based Comp.

$897,000

Balance Sheet

Total Assets

$811M

Total Liabilities

$445M

Stockholders' Equity

$366M

Cash & Equivalents

$543,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$177M	$170M	+4.4%
Gross Profit	$16M	$13M	+24.4%
Operating Income	$16M	$12M	+36.8%
Net Income	$3M	$7M	-49.5%

Revenue Segments

Service

$101M57%

Product

$76M43%