| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $318M | $300M | 8.9% | 15.4% |
| Op. Income | $36M | $38M | $12M | -5.0% | 189.8% |
| Gross Margin | 18.4% | 20.0% | 11.9% | -1.6pp | 6.5pp |
| Net Margin | 7.5% | 8.2% | 2.4% | -0.7pp | 5.1pp |
| EPS (Diluted) | $0.79 | $0.81 | $0.17 | -2.5% | 364.7% |
| Free Cash Flow | $52M | -$3M | $22M | 2028.4% | 133.4% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $36M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $4M |
| EBIT | $35M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $310M |
| OPERATING INCOME | $36M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $4M |
| EBIT | $35M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $682.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $145M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $95M |
| Goodwill | $19M |
| Intangible Assets | $44M |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $456M |
| Account Payables | $139M |
| Short-Term Debt | $5M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $351M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $191M |
| Retained Earnings | -$4M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $456M |
| Total Debt | $99M |
| Net Debt | $6M |
