| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $288M | $193M | — | 49.2% | — |
| Op. Income | $28M | $40M | — | -28.9% | — |
| Gross Margin | 21.0% | 35.7% | — | -14.7pp | — |
| Net Margin | 5.2% | 13.9% | — | -8.7pp | — |
| EPS (Diluted) | $0.13 | $0.24 | — | -45.8% | — |
| Free Cash Flow | -$55M | -$56M | — | 1.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $5M |
| Operating Expenses | $32M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $30M |
| EBIT | $28M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $5M |
| Operating Expenses | $32M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $30M |
| EBIT | $28M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $354.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$416.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $197M |
| Inventory | $41M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $1.4B |
| Goodwill | $75M |
| Intangible Assets | $112M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $104M |
| Short-Term Debt | $31M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $239M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $207M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $681M |
| TOTAL LIABILITIES | $920M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $369.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $502M |
| Net Debt | $397M |
