| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $196M | $176M | 10.4% | 23.2% |
| Op. Income | $42M | $37M | $30M | 13.5% | 40.7% |
| Gross Margin | 39.4% | 39.3% | 39.5% | 0.1pp | -0.1pp |
| Net Margin | 15.3% | 14.8% | 12.8% | 0.4pp | 2.5pp |
| EPS (Diluted) | $1.12 | $0.99 | $0.76 | 13.1% | 47.4% |
| Free Cash Flow | $34M | $19M | $20M | 81.4% | 69.5% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | -$12.0K |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $8M |
| EBIT | $42M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | -$12.0K |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $8M |
| EBIT | $42M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $161M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $509M |
| PP&E (Net) | $72M |
| Goodwill | $113M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $272M |
| TOTAL ASSETS | $781M |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $218M |
| Common Stock | $37M |
| Additional Paid-In Capital | $63M |
| Retained Earnings | $505M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $563M |
| Minority Interest | $0 |
| TOTAL EQUITY | $563M |
| TOTAL LIABILITIES & EQUITY | $781M |
| Total Debt | $0 |
| Net Debt | -$226M |
