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Reported April 28, 2024 · Before market open

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Financials

Q2 2024

Income statement

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Revenue$2.2B-14.0%
Net income-$331.0M-23.0%
EPS (diluted)-$0.720.0%

Balance sheet

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Cash & equivalents$2.2B-10.9%
Total debt$7.2B-5.7%
Total assets$18.0B-19.0%

Cash flow

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Operating cash flow$893.0M-48.4%
CapEx$66.0M-9.6%
Free cash flow$827.0M-50.1%

Valuation & ratios

Valuation

as of 04/30/24
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Market cap$7.07B-38.2%
Enterprise value$12.07B-27.3%
P/S0.7×-0.3×

Profitability

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Net margin-5%-1.3pp
FCF margin20%

Segments

By segment

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Energy$2.0B-12.1%
Automotive$385.0M-10.0%
Food Packaging$105.0M-11.0%
Home Fashion$44.0M-4.3%
Pharma$27.0M+8.0%

Versus estimates

Revenue

Q4 2024$36.5M
Q2 2024$23.7M

Diluted EPS

Q4 2024$0.18
Q2 2024$0.80

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Questions, answered.

When did abrdn Income Credit Strategies report Q2 2024 earnings?
abrdn Income Credit Strategies (ACP) reported Q2 2024 earnings on April 28, 2024 before market open.
What were abrdn Income Credit Strategies's Q2 2024 revenue and EPS?
abrdn Income Credit Strategies reported revenue of $23.7M and diluted EPS of $0.80 for Q2 2024.
Where can I find abrdn Income Credit Strategies's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001558370-24-007379) directly on SEC EDGAR. The filing index links above go to sec.gov.