| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $658M | $666M | $720M | -1.2% | -8.6% |
| Op. Income | $28M | $27M | $30M | 3.1% | -7.4% |
| Gross Margin | 10.1% | 10.2% | 9.6% | -0.1pp | 0.5pp |
| Net Margin | 2.3% | 2.3% | 2.8% | 0.0pp | -0.5pp |
| EPS (Diluted) | $0.42 | $0.43 | $0.57 | -2.3% | -26.3% |
| Free Cash Flow | $29M | $47M | $18M | -38.2% | 63.1% |
| Item | Amount |
|---|---|
| REVENUE | $658M |
| Cost of Revenue | $591M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $2M |
| Operating Expenses | $39M |
| Cost & Expenses | $630M |
| OPERATING INCOME | $28M |
| Interest Income | $3M |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| 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 | $12M |
| EBIT | $27M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $658M |
| Cost of Revenue | $591M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $2M |
| Operating Expenses | $39M |
| Cost & Expenses | $630M |
| OPERATING INCOME | $28M |
| Interest Income | $3M |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| 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 | $12M |
| EBIT | $27M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$14.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$400.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $324M |
| Short-Term Investments | $0 |
| Net Receivables | $559M |
| Inventory | $582M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $346M |
| Goodwill | $192M |
| Intangible Assets | $47M |
| Long-Term Investments | -$3M |
| Tax Assets | $34M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $640M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $356M |
| Short-Term Debt | $7M |
| Deferred Revenue | $145M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $639M |
| Long-Term Debt | $272M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $407M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $532M |
| Retained Earnings | $584M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $393M |
| Net Debt | $69M |
