| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $311M | $178M | -2.4% | 70.2% |
| Op. Income | $41M | $28M | $32M | 47.5% | 28.5% |
| Gross Margin | 25.5% | 24.6% | 27.4% | 0.9pp | -2.0pp |
| Net Margin | 13.4% | 8.7% | 13.6% | 4.7pp | -0.2pp |
| EPS (Diluted) | $0.98 | $0.65 | $0.59 | 50.8% | 66.1% |
| Free Cash Flow | $51M | $13M | $43M | 298.3% | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $77M |
| R&D Expenses | $3M |
| Selling & Marketing | $19M |
| General & Administrative | $15M |
| SG&A Expenses | $34M |
| Other Expenses | $45.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $41M |
| Interest Income | $3M |
| Interest Expense | $87.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $226M |
| GROSS PROFIT | $77M |
| R&D Expenses | $3M |
| Selling & Marketing | $19M |
| General & Administrative | $15M |
| SG&A Expenses | $34M |
| Other Expenses | $45.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $41M |
| Interest Income | $3M |
| Interest Expense | $87.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $64.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$440.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$440.0K |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $42M |
| Net Receivables | $63M |
| Inventory | $183M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $505M |
| Goodwill | $13M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $546M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $67M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $426M |
| TOTAL LIABILITIES | $673M |
| Common Stock | $2M |
| Additional Paid-In Capital | $127M |
| Retained Earnings | $273M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $400M |
| Minority Interest | $0 |
| TOTAL EQUITY | $400M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $504M |
| Net Debt | $287M |
