| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $332M | $305M | -4.6% | 4.0% |
| Op. Income | $66M | $47M | $30M | 39.5% | 116.9% |
| Gross Margin | 56.5% | 55.3% | 55.2% | 1.2pp | 1.3pp |
| Net Margin | 15.5% | 9.0% | 5.2% | 6.4pp | 10.3pp |
| EPS (Diluted) | $1.57 | $0.96 | $0.50 | 63.5% | 214.0% |
| Free Cash Flow | $48M | $40M | $41M | 20.3% | 17.3% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $179M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $18M |
| EBIT | $66M |
| EBITDA | $84M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $179M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $18M |
| EBIT | $66M |
| EBITDA | $84M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $231M |
| Inventory | $343M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $641M |
| PP&E (Net) | $117M |
| Goodwill | $807M |
| Intangible Assets | $626M |
| Long-Term Investments | $0 |
| Tax Assets | $66M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $105M |
| Short-Term Debt | $717.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $177M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $940M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $471M |
| Retained Earnings | $533M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $933M |
| Minority Interest | $0 |
| TOTAL EQUITY | $933M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $941M |
| Net Debt | $902M |
