| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $673M | — | $650M | — | 3.5% |
| Op. Income | $62M | — | -$3M | — | 2492.3% |
| Gross Margin | 22.6% | — | 22.6% | — | -0.0pp |
| Net Margin | 5.0% | — | -3.4% | — | 8.4pp |
| EPS (Diluted) | $0.17 | — | $-0.24 | — | 170.8% |
| Free Cash Flow | $71M | — | $69M | — | 2.3% |
| Item | Amount |
|---|---|
| REVENUE | $673M |
| Cost of Revenue | $521M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $125M |
| Other Expenses | -$35M |
| Operating Expenses | $90M |
| Cost & Expenses | $611M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $35M |
| EBIT | $63M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $673M |
| Cost of Revenue | $521M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $125M |
| Other Expenses | -$35M |
| Operating Expenses | $90M |
| Cost & Expenses | $611M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $35M |
| EBIT | $63M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $53M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | $41M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $533M |
| Inventory | $0 |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $799M |
| PP&E (Net) | $388M |
| Goodwill | $2.0B |
| Intangible Assets | $113M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $131M |
| Short-Term Debt | $0 |
| Deferred Revenue | $104M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $477M |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$118M |
| Treasury Stock | -$173M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $971M |
| Net Debt | $794M |
