| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $736M | $632M | $734M | 16.5% | 0.4% |
| Op. Income | $31M | $13M | $25M | 129.6% | 23.3% |
| Gross Margin | 18.5% | 18.7% | 17.4% | -0.1pp | 1.1pp |
| Net Margin | 3.6% | 2.1% | 2.7% | 1.5pp | 0.9pp |
| EPS (Diluted) | $0.99 | $0.50 | $0.75 | 98.0% | 32.0% |
| Free Cash Flow | $37M | $56M | $113M | -34.3% | -67.6% |
| Item | Amount |
|---|---|
| REVENUE | $736M |
| Cost of Revenue | $600M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $95M |
| SG&A Expenses | $100M |
| Other Expenses | $6M |
| Operating Expenses | $106M |
| Cost & Expenses | $706M |
| OPERATING INCOME | $31M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $736M |
| Cost of Revenue | $600M |
| GROSS PROFIT | $137M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $95M |
| SG&A Expenses | $100M |
| Other Expenses | $6M |
| Operating Expenses | $106M |
| Cost & Expenses | $706M |
| OPERATING INCOME | $31M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$103M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $123.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $258M |
| Net Receivables | $608M |
| Inventory | $137M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $58M |
| Goodwill | $74M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $136M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $317M |
| Short-Term Debt | $2M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $389M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $409M |
| Common Stock | $293.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $795M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$103.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $0 |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $4M |
| Net Debt | -$124M |
