| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $196M | $179M | 3.5% | 12.8% |
| Op. Income | $22M | $25M | $22M | -9.5% | 0.7% |
| Gross Margin | 20.8% | 22.6% | 22.5% | -1.8pp | -1.7pp |
| Net Margin | 8.5% | 10.2% | 9.4% | -1.7pp | -0.9pp |
| EPS (Diluted) | $0.33 | $0.38 | $0.96 | -13.2% | -65.6% |
| Free Cash Flow | $22M | $11M | $24M | 108.6% | -6.4% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $7M |
| EBIT | $22M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $7M |
| EBIT | $22M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$270.0K |
| Other Non-Cash Items | $711.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $29M |
| 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 | $2M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $294M |
| PP&E (Net) | $110M |
| Goodwill | $37M |
| Intangible Assets | $927.0K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $445M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $111M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $188M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $211M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $230M |
| Retained Earnings | $788M |
| Treasury Stock | -$785M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $445M |
| Total Debt | $32M |
| Net Debt | -$75M |
