| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $935M | $824M | $934M | 13.5% | 0.2% |
| Op. Income | $31M | $11M | $39M | 169.5% | -21.1% |
| Gross Margin | 31.8% | 32.0% | 31.4% | -0.2pp | 0.4pp |
| Net Margin | 2.8% | 0.7% | 3.3% | 2.2pp | -0.4pp |
| EPS (Diluted) | $1.19 | $0.25 | $1.37 | 376.0% | -13.1% |
| Free Cash Flow | $51M | -$40M | $74M | 226.0% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $935M |
| Cost of Revenue | $638M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $214M |
| Operating Expenses | $267M |
| Cost & Expenses | $905M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$839.0K |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $31M |
| EBIT | $31M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $935M |
| Cost of Revenue | $638M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $214M |
| Operating Expenses | $267M |
| Cost & Expenses | $905M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$839.0K |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $31M |
| EBIT | $31M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$100 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $52.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $292.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$96.0K |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$96.0K |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $173M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $1.8B |
| Goodwill | $5M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $731.0K |
| Other Current Liabilities | $322M |
| TOTAL CURRENT LIABILITIES | $459M |
| Long-Term Debt | $452M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $222.0K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $453M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $462M |
| Minority Interest | $0 |
| TOTAL EQUITY | $462M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
