Chase GAAP EPS of $0.89, revenue of $94.28M

Apr. 06, 2023 5:12 PM ETChase Corporation (CCF)By: Pranav Ghumatkar, SA News Editor

Chase press release (NYSE:CCF): Q2 GAAP EPS of $0.89.
Revenue of $94.28M (+27.5% Y/Y).
Gross Margin of 36.8% (39.7% excluding our NuCera business) in the second quarter of fiscal 2023, compared to 36.6% in the second quarter of fiscal 2022; Gross Margin of 35.8% (39.2% excluding our NuCera business) in the first six-months of fiscal 2023, compared to 36.8% in the first-six months of fiscal 2022.
Free Cash Flow was $10.0 million and $14.7 million in the second quarter and first-six months of fiscal 2023, respectively, compared to Free Cash Flow of $1.6 million and $7.0 million in the second quarter and first-six months of fiscal 2022, respectively
Adjusted EBITDA grew 31.4% to $22.0 million and 36.9% to $47.2 million in the second quarter and first-six months of fiscal 2023, respectively, compared to Adjusted EBITDA of $16.8 million and $34.5 million in the second quarter and first-six months of fiscal 2022, respectively.