| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $295M | $286M | -1.6% | 1.4% |
| Op. Income | $25M | $32M | $28M | -20.1% | -9.9% |
| Gross Margin | 47.3% | 46.5% | 47.2% | 0.8pp | 0.1pp |
| Net Margin | 4.8% | 6.6% | 4.9% | -1.8pp | -0.1pp |
| EPS (Diluted) | $0.48 | $0.68 | $0.45 | -29.4% | 6.7% |
| Free Cash Flow | $39M | -$34M | $5M | 213.7% | 733.1% |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $137M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $12M |
| Operating Expenses | $112M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $25M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $19M |
| EBIT | $28M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $153M |
| GROSS PROFIT | $137M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $12M |
| Operating Expenses | $112M |
| Cost & Expenses | $265M |
| OPERATING INCOME | $25M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $19M |
| EBIT | $28M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $98.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $361M |
| Inventory | $0 |
| Other Current Assets | $288M |
| TOTAL CURRENT ASSETS | $759M |
| PP&E (Net) | $88M |
| Goodwill | $317M |
| Intangible Assets | $125M |
| Long-Term Investments | $0 |
| Tax Assets | $55M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $594M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $53M |
| Short-Term Debt | $8M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $308M |
| TOTAL CURRENT LIABILITIES | $476M |
| Long-Term Debt | $533M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $122.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $604M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $717.0K |
| Additional Paid-In Capital | $500M |
| Retained Earnings | $984M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $0 |
| TOTAL EQUITY | $273M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $583M |
| Net Debt | $473M |
