| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $251M | $234M | 2.0% | 9.1% |
| Op. Income | $51M | $51M | $46M | 0.8% | 12.3% |
| Gross Margin | 36.4% | 35.2% | 35.5% | 1.3pp | 1.0pp |
| Net Margin | 15.0% | 14.8% | 13.7% | 0.2pp | 1.3pp |
| EPS (Diluted) | $1.17 | $1.13 | $0.98 | 3.5% | 19.4% |
| Free Cash Flow | $40M | $31M | $38M | 30.9% | 6.1% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $93M |
| R&D Expenses | $5M |
| Selling & Marketing | $19M |
| General & Administrative | $18M |
| SG&A Expenses | $37M |
| Other Expenses | -$362.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $11M |
| EBIT | $52M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $93M |
| R&D Expenses | $5M |
| Selling & Marketing | $19M |
| General & Administrative | $18M |
| SG&A Expenses | $37M |
| Other Expenses | -$362.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $11M |
| EBIT | $52M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $115.0K |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $267.0K |
| Purchases of Investments | -$75.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$48.0K |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$2.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $136M |
| Inventory | $148M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $307M |
| Goodwill | $816M |
| Intangible Assets | $172M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $190M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $410M |
| Common Stock | $2M |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $208M |
| Net Debt | $142M |
