| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $228M | $247M | 10.1% | 1.9% |
| Op. Income | $32M | $18M | $28M | 75.8% | 16.6% |
| Gross Margin | 20.7% | 15.7% | 19.0% | 5.0pp | 1.7pp |
| Net Margin | 9.3% | 5.1% | 8.0% | 4.2pp | 1.3pp |
| EPS (Diluted) | $1.12 | $0.55 | $0.94 | 103.6% | 19.1% |
| Free Cash Flow | $27M | $17M | -$21M | 60.2% | 228.3% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$811.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$811.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $959.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $223.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $44.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$516.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $138M |
| Inventory | $77M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $202M |
| Goodwill | $77M |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $366M |
| TOTAL ASSETS | $592M |
| Account Payables | $56M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $209.0K |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $323M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $371M |
| Minority Interest | $0 |
| TOTAL EQUITY | $371M |
| TOTAL LIABILITIES & EQUITY | $592M |
| Total Debt | $98M |
| Net Debt | $91M |
