VSEC Q2 2022 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q2 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$170M-3.1% YoY

Gross Profit

$11M6.5% margin

Operating Income

$11M6.2% margin

Net Income

$8M4.4% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

-26.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$947M

Total Liabilities

$516M

Stockholders' Equity

$431M

Cash & Equivalents

$371,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$170M	$175M	-3.1%
Gross Profit	$11M	-$12M	+194.4%
Operating Income	$11M	-$13M	+182.9%
Net Income	$8M	-$12M	+161.0%

Revenue Segments

Product

$144M59%

Service

$98M41%