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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 118M | 4.9% |
Gross Profit | 34M | 17.6% |
Cost of Revenue | 83M | 0.4% |
Operating expense | 24M | 1.1% |
Net Income | 6.5M | 38.9% |
EBITDA | 13M | 17.4% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 462M | 0.3% |
Total Liabilities | 516M | 0% |
Shares Outstanding | 51M | 1.5% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 10M | 4615.3% |
EPS
Financial Highlights for Denny's in Q3 '24
Denny's reported a revenue of 118M, which is a 4.9% 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 34M, marking a 17.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 83M, a 0.4% 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 24M, showing a -1.1% 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 6.5M, showing a 38.9% 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 13M, showing a 17.4% 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.
It was a positive quarter for Denny's with growth in revenue, gross profit, and net income.