| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $145M | $136M | 0.2% | 7.2% |
| Op. Income | $47M | $49M | $36M | -4.0% | 33.2% |
| Gross Margin | 62.5% | 63.1% | 54.5% | -0.6pp | 8.0pp |
| Net Margin | 13.5% | 19.1% | 9.6% | -5.6pp | 3.9pp |
| EPS (Diluted) | $0.52 | $0.71 | $0.34 | -26.8% | 52.9% |
| Free Cash Flow | $67M | $61M | $100M | 9.4% | -32.6% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $47M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $35M |
| EBIT | $45M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $47M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $35M |
| EBIT | $45M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$270.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $99M |
| Net Receivables | $184M |
| Inventory | $28M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $510M |
| PP&E (Net) | $21M |
| Goodwill | $134M |
| Intangible Assets | $353M |
| Long-Term Investments | $0 |
| Tax Assets | $34M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $2M |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $462M |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $837M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $568M |
| Retained Earnings | -$186M |
| Treasury Stock | -$165M |
| Accum. Other Comp. Income | -$182.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $559M |
| Net Debt | $387M |
