| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $453M | $323M | -12.2% | 23.3% |
| Op. Income | $33M | $57M | -$13M | -42.0% | 345.4% |
| Gross Margin | 14.4% | 17.9% | 2.5% | -3.6pp | 11.9pp |
| Net Margin | 5.6% | 8.6% | -2.5% | -3.0pp | 8.1pp |
| EPS (Diluted) | $0.82 | $1.43 | $-0.29 | -42.7% | 382.8% |
| Free Cash Flow | $27M | $17M | -$4M | 60.2% | 718.2% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $341M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $19M |
| EBIT | $33M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $341M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $365M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $19M |
| EBIT | $33M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $309.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$42.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $149M |
| Inventory | $213M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $983M |
| Goodwill | $56M |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $207M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $155M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $449M |
| TOTAL LIABILITIES | $744M |
| Common Stock | $330.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $636M |
| Treasury Stock | -$63.0K |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $766M |
| Minority Interest | $0 |
| TOTAL EQUITY | $766M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $306M |
| Net Debt | $289M |
