VSEC Q1 2021 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q1 2021 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$165M-7.0% YoY

Gross Profit

$10M5.8% margin

Operating Income

$10M5.8% margin

Net Income

$5M3.1% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$38M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$853M

Total Liabilities

$439M

Stockholders' Equity

$414M

Cash & Equivalents

$347,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$165M	$177M	-7.0%
Gross Profit	$10M	$16M	-41.2%
Operating Income	$10M	$16M	-40.6%
Net Income	$5M	$3M	+53.4%

Revenue Segments

Service

$86M52%

Product

$79M48%