| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $478M | $468M | $467M | 2.2% | 2.3% |
| Op. Income | $84M | $75M | $82M | 11.2% | 2.2% |
| Gross Margin | 25.3% | 27.9% | 29.4% | -2.7pp | -4.1pp |
| Net Margin | 10.8% | 10.5% | 11.3% | 0.4pp | -0.5pp |
| EPS (Diluted) | $0.41 | $0.39 | $0.42 | 5.1% | -2.4% |
| Free Cash Flow | $55M | $27M | $68M | 101.4% | -18.4% |
| Item | Amount |
|---|---|
| REVENUE | $478M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $84M |
| Interest Income | $205.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $18M |
| EBIT | $80M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $478M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $84M |
| Interest Income | $205.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $18M |
| EBIT | $80M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $903.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $2M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $586M |
| Goodwill | $1.2B |
| Intangible Assets | $213M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $24M |
| Short-Term Debt | $5M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $265M |
| Long-Term Debt | $423M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $828M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $462M |
| Retained Earnings | $784M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $24M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $861M |
| Net Debt | $810M |
