VSEC Q3 2024 Earnings — VSE Corporation Revenue & Financial Results | Market Cap Arena

VSECVSE Corporation

$5B

Q3 2024 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$204M-12.0% YoY

Gross Profit

$22M10.8% margin

Operating Income

$21M10.2% margin

Net Income

$12M5.7% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$676M

Stockholders' Equity

$788M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$204M	$231M	-12.0%
Gross Profit	$22M	$28M	-21.1%
Operating Income	$21M	$27M	-22.6%
Net Income	$12M	$10M	+21.9%

Revenue Segments

Product

$188M69%

Service

$85M31%