| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $613M | $575M | $586M | 6.6% | 4.5% |
| Op. Income | $96M | $78M | $53M | 23.7% | 82.9% |
| Gross Margin | 43.6% | 42.6% | 39.0% | 1.0pp | 4.6pp |
| Net Margin | 15.2% | 9.7% | 5.1% | 5.5pp | 10.1pp |
| EPS (Diluted) | $0.38 | $0.23 | $0.11 | 65.2% | 245.5% |
| Free Cash Flow | $54M | $39M | $70M | 37.0% | -23.3% |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $346M |
| GROSS PROFIT | $267M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $155M |
| Other Expenses | $0 |
| Operating Expenses | $171M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $40M |
| EBIT | $89M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $613M |
| Cost of Revenue | $346M |
| GROSS PROFIT | $267M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $155M |
| Other Expenses | $0 |
| Operating Expenses | $171M |
| Cost & Expenses | $517M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $40M |
| EBIT | $89M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$54M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $0 |
| Net Receivables | $481M |
| Inventory | $335M |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $298M |
| Goodwill | $2.3B |
| Intangible Assets | $807M |
| Long-Term Investments | $17M |
| Tax Assets | $149M |
| Other Non-Current Assets | $124M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $146M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $372M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104M |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$349M |
| Accum. Other Comp. Income | -$413M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $16M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.9B |
| Net Debt | $1.6B |
