Similar companies
Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 2.66B | 5.8% |
Gross Profit | 1.92B | 17.5% |
Cost of Revenue | 747M | 15.7% |
Operating expense | 747M | 14.8% |
Net Income | 49M | 35% |
EBITDA | 877M | 1.7% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 62.8B | 1.8% |
Total Liabilities | 48.2B | 2.2% |
Total Equity | 14.6B | 0.8% |
Shares Outstanding | 214M | 0.2% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 1.03B | 96.8% |
Cash from investing | -1.18B | 8.5% |
Cash from financing | 214M | 88.9% |
EPS
Financial Highlights for Entergy in Q2 '24
Entergy reported a revenue of 2.66B, which is a 5.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.92B, marking a 17.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 747M, a -15.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 747M, showing a -14.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 49M, showing a -35% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 877M, showing a 1.7% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Entergy faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.