Cue Health Inc
NASDAQ:HLTH
Income Statement
Earnings Waterfall
Cue Health Inc
Revenue
|
199m
USD
|
Cost of Revenue
|
-182.3m
USD
|
Gross Profit
|
16.7m
USD
|
Operating Expenses
|
-286.8m
USD
|
Operating Income
|
-270.1m
USD
|
Other Expenses
|
13.5m
USD
|
Net Income
|
-256.6m
USD
|
Income Statement
Cue Health Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
618
N/A
|
596
-4%
|
683
+15%
|
529
-23%
|
484
-9%
|
329
-32%
|
251
-24%
|
199
-21%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(277)
|
(278)
|
(380)
|
(342)
|
(330)
|
(283)
|
(211)
|
(182)
|
|
Gross Profit |
342
N/A
|
318
-7%
|
303
-4%
|
187
-38%
|
154
-18%
|
46
-70%
|
40
-12%
|
17
-59%
|
|
Operating Income | |||||||||
Operating Expenses |
(151)
|
(204)
|
(290)
|
(329)
|
(357)
|
(340)
|
(313)
|
(287)
|
|
Selling, General & Administrative |
(109)
|
(145)
|
(187)
|
(192)
|
(186)
|
(153)
|
(133)
|
(112)
|
|
Research & Development |
(43)
|
(60)
|
(104)
|
(137)
|
(172)
|
(187)
|
(180)
|
(174)
|
|
Operating Income |
190
N/A
|
114
-40%
|
13
-89%
|
(142)
N/A
|
(204)
-44%
|
(295)
-45%
|
(273)
+7%
|
(270)
+1%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(69)
|
(38)
|
(38)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
(2)
|
0
|
(2)
|
(2)
|
(2)
|
(10)
|
(15)
|
6
|
|
Total Other Income |
0
|
1
|
1
|
1
|
3
|
4
|
6
|
8
|
|
Pre-Tax Income |
119
N/A
|
76
-36%
|
(27)
N/A
|
(143)
-439%
|
(204)
-42%
|
(301)
-48%
|
(282)
+6%
|
(257)
+9%
|
|
Net Income | |||||||||
Tax Provision |
(33)
|
(20)
|
(16)
|
15
|
10
|
10
|
6
|
1
|
|
Income from Continuing Operations |
86
|
56
|
(43)
|
(128)
|
(194)
|
(291)
|
(276)
|
(257)
|
|
Net Income (Common) |
86
N/A
|
56
-35%
|
(43)
N/A
|
(128)
-200%
|
(194)
-51%
|
(291)
-50%
|
(276)
+5%
|
(257)
+7%
|
|
EPS (Diluted) |
0.59
N/A
|
0.38
-36%
|
-0.29
N/A
|
-0.87
-200%
|
-1.31
-51%
|
-1.92
-47%
|
-1.83
+5%
|
-1.69
+8%
|