VSEC Q3 2022 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q3 2022 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$167M-16.6% YoY

Gross Profit

$16M9.4% margin

Operating Income

$15M9.0% margin

Net Income

$9M5.6% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$958M

Total Liabilities

$512M

Stockholders' Equity

$445M

Cash & Equivalents

$90,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$201M	-16.6%
Gross Profit	$16M	$15M	+6.8%
Operating Income	$15M	$14M	+8.8%
Net Income	$9M	$9M	+4.4%

Revenue Segments

Product

$138M57%

Service

$104M43%