VSEC Q2 2021 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q2 2021 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$175M+3.8% YoY

Gross Profit

-$12M-6.7% margin

Operating Income

-$13M-7.3% margin

Net Income

-$12M-7.1% margin

EPS (Diluted)

$-0.97

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$21M

Stock-Based Comp.

$841,000

Balance Sheet

Total Assets

$850M

Total Liabilities

$449M

Stockholders' Equity

$401M

Cash & Equivalents

$337,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$175M	$169M	+3.8%
Gross Profit	-$12M	$14M	-184.5%
Operating Income	-$13M	$13M	-201.7%
Net Income	-$12M	-$23M	+45.3%

Revenue Segments

Service

$91M52%

Product

$84M48%