| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $342M | $321M | $332M | 6.6% | 3.1% |
| Op. Income | $38M | $16M | $47M | 139.1% | -19.0% |
| Gross Margin | 55.0% | 55.3% | 55.3% | -0.3pp | -0.3pp |
| Net Margin | 6.3% | 1.9% | 9.0% | 4.4pp | -2.8pp |
| EPS (Diluted) | $0.69 | $0.19 | $0.96 | 263.2% | -28.1% |
| Free Cash Flow | $23M | $38M | $40M | -38.0% | -41.1% |
| Item | Amount |
|---|---|
| REVENUE | $342M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $188M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $19M |
| EBIT | $38M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $342M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $188M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $19M |
| EBIT | $38M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$48.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $234M |
| Inventory | $362M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $658M |
| PP&E (Net) | $117M |
| Goodwill | $807M |
| Intangible Assets | $602M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $101M |
| Short-Term Debt | $714.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $881M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $494M |
| Retained Earnings | $575M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $882M |
| Net Debt | $848M |
