| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $237M | $219M | -11.9% | -4.9% |
| Op. Income | $18M | $33M | $15M | -44.0% | 21.0% |
| Gross Margin | 20.3% | 22.8% | 16.5% | -2.5pp | 3.7pp |
| Net Margin | 7.1% | 9.8% | 4.9% | -2.7pp | 2.2pp |
| EPS (Diluted) | $0.71 | $1.10 | $0.51 | -35.5% | 39.2% |
| Free Cash Flow | $14M | $49M | $14M | -72.0% | -3.2% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$315.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$315.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20.0K |
| Change in Working Capital | $445.0K |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $388.0K |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $69M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $217M |
| Goodwill | $101M |
| Intangible Assets | $117M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $449M |
| TOTAL ASSETS | $644M |
| Account Payables | $43M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $250M |
| Common Stock | $208.0K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | $354M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $394M |
| Minority Interest | $0 |
| TOTAL EQUITY | $394M |
| TOTAL LIABILITIES & EQUITY | $644M |
| Total Debt | $131M |
| Net Debt | $125M |
