| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $439M | $420M | $411M | 4.5% | 6.9% |
| Op. Income | $50M | $32M | $55M | 57.3% | -10.1% |
| Gross Margin | 16.6% | 12.8% | 16.7% | 3.8pp | -0.0pp |
| Net Margin | 8.0% | 4.7% | 8.2% | 3.3pp | -0.2pp |
| EPS (Diluted) | $0.70 | $0.39 | $0.67 | 79.5% | 4.5% |
| Free Cash Flow | $41M | $86M | $20M | -52.4% | 103.1% |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $389M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $10M |
| EBIT | $56M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $389M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $10M |
| EBIT | $56M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$215.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $477M |
| Inventory | $0 |
| Other Current Assets | $198M |
| TOTAL CURRENT ASSETS | $676M |
| PP&E (Net) | $255M |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $172M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $198M |
| TOTAL CURRENT LIABILITIES | $453M |
| Long-Term Debt | $336M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $753M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $850M |
| Retained Earnings | $987M |
| Treasury Stock | -$911M |
| Accum. Other Comp. Income | $157.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $565M |
| Net Debt | $564M |
