| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $523M | — | $802M | — | -34.7% |
| Op. Income | $14M | — | $260M | — | -94.5% |
| Gross Margin | 17.4% | — | 39.6% | — | -22.2pp |
| Net Margin | 3.3% | — | 24.8% | — | -21.5pp |
| EPS (Diluted) | $0.35 | — | $4.07 | — | -91.4% |
| Free Cash Flow | $11M | — | $140M | — | -92.2% |
| Item | Amount |
|---|---|
| REVENUE | $523M |
| Cost of Revenue | $432M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $27M |
| SG&A Expenses | $57M |
| Other Expenses | $20M |
| Operating Expenses | $77M |
| Cost & Expenses | $509M |
| OPERATING INCOME | $14M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $20M |
| EBIT | $34M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $523M |
| Cost of Revenue | $432M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $27M |
| SG&A Expenses | $57M |
| Other Expenses | $20M |
| Operating Expenses | $77M |
| Cost & Expenses | $509M |
| OPERATING INCOME | $14M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $20M |
| EBIT | $34M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$431.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$363.0K |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$156.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$293.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$449.0K |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $206M |
| Net Receivables | $199M |
| Inventory | $287M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $815M |
| Goodwill | $46M |
| Intangible Assets | $17M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $903M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $98M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $158M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $189M |
| TOTAL LIABILITIES | $343M |
| Common Stock | $751.0K |
| Additional Paid-In Capital | $74M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$362M |
