| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196M | $190M | $177M | 2.8% | 10.2% |
| Op. Income | $25M | $25M | $19M | -2.8% | 33.3% |
| Gross Margin | 22.6% | 22.0% | 20.3% | 0.6pp | 2.3pp |
| Net Margin | 10.2% | 10.4% | 8.3% | -0.2pp | 1.9pp |
| EPS (Diluted) | $0.38 | $0.38 | $0.83 | 0.0% | -54.2% |
| Free Cash Flow | $11M | $32M | $5M | -65.9% | 128.2% |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $6M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $6M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$325.0K |
| Other Non-Cash Items | $362.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $282M |
| PP&E (Net) | $112M |
| Goodwill | $37M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $877.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $434M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $119M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | $771M |
| Treasury Stock | -$775M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $434M |
| Total Debt | $35M |
| Net Debt | -$57M |
