| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $346M | $294M | -3.6% | 13.3% |
| Op. Income | $40M | $36M | $19M | 10.1% | 104.6% |
| Gross Margin | 20.8% | 18.4% | 15.5% | 2.4pp | 5.3pp |
| Net Margin | 8.6% | 7.5% | 3.2% | 1.1pp | 5.4pp |
| EPS (Diluted) | $0.85 | $0.79 | $0.29 | 7.6% | 193.1% |
| Free Cash Flow | -$4M | $52M | $37M | -106.8% | -109.5% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $40M |
| Interest Income | $990.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $4M |
| EBIT | $38M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $294M |
| OPERATING INCOME | $40M |
| Interest Income | $990.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $4M |
| EBIT | $38M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $989.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $145M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $98M |
| Goodwill | $19M |
| Intangible Assets | $44M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $192M |
| TOTAL ASSETS | $468M |
| Account Payables | $128M |
| Short-Term Debt | $5M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $91M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $331M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $25M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $468M |
| Total Debt | $97M |
| Net Debt | $9M |
