| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $258M | $252M | $340M | 2.2% | -24.2% |
| Op. Income | $12M | $19M | $72M | -37.0% | -83.3% |
| Gross Margin | 37.3% | 38.7% | 43.4% | -1.4pp | -6.1pp |
| Net Margin | 7.8% | 9.6% | 18.3% | -1.7pp | -10.5pp |
| EPS (Diluted) | $0.45 | $0.52 | $1.31 | -13.5% | -65.6% |
| Free Cash Flow | $29M | $27M | $41M | 10.2% | -28.6% |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $96M |
| R&D Expenses | $27M |
| Selling & Marketing | $22M |
| General & Administrative | $32M |
| SG&A Expenses | $54M |
| Other Expenses | $3M |
| Operating Expenses | $84M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $15M |
| EBIT | $15M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $96M |
| R&D Expenses | $27M |
| Selling & Marketing | $22M |
| General & Administrative | $32M |
| SG&A Expenses | $54M |
| Other Expenses | $3M |
| Operating Expenses | $84M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $15M |
| EBIT | $15M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $381M |
| Other Investing Activities | $31.0K |
| NET CASH FROM INVESTING | $285M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $721M |
| Short-Term Investments | $343M |
| Net Receivables | $176M |
| Inventory | $401M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $593M |
| Goodwill | $38M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $89M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $777M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$227M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $17M |
| Net Debt | -$703M |
