VSEC Q2 2019 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q2 2019 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$189M+11.0% YoY

Gross Profit

$17M9.2% margin

Operating Income

$17M8.8% margin

Net Income

$10M5.2% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$4M

Stock-Based Comp.

$342,000

Balance Sheet

Total Assets

$827M

Total Liabilities

$480M

Stockholders' Equity

$346M

Cash & Equivalents

$760,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$170M	+11.0%
Gross Profit	$17M	$15M	+19.3%
Operating Income	$17M	$14M	+19.6%
Net Income	$10M	$9M	+13.1%

Revenue Segments

Service

$95M50%

Product

$94M50%