VSEC Q2 2024 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q2 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$193M-6.0% YoY

Gross Profit

$19M10.0% margin

Operating Income

$16M8.3% margin

Net Income

-$3M-1.4% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+18.7%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$21M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$713M

Stockholders' Equity

$781M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$193M	$205M	-6.0%
Gross Profit	$19M	$22M	-13.2%
Operating Income	$16M	$21M	-22.7%
Net Income	-$3M	$9M	-131.4%

Revenue Segments

Product

$189M71%

Service

$77M29%