| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $348M | $444M | $351M | -21.5% | -0.9% |
| Op. Income | $10M | $42M | $9M | -76.8% | 3.8% |
| Gross Margin | 27.2% | 32.8% | 25.9% | -5.7pp | 1.3pp |
| Net Margin | 2.1% | 6.9% | 1.9% | -4.8pp | 0.2pp |
| EPS (Diluted) | $0.37 | $1.57 | $0.34 | -76.4% | 8.8% |
| Free Cash Flow | $29M | $38M | -$10M | -23.8% | 405.5% |
| Item | Amount |
|---|---|
| REVENUE | $348M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $17M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $339M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $560.0K |
| Other Income/Expenses | $238.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $17M |
| EBIT | $10M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $348M |
| Cost of Revenue | $254M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $68M |
| General & Administrative | $17M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $339M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $560.0K |
| Other Income/Expenses | $238.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $17M |
| EBIT | $10M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$192.0K |
| Other Non-Cash Items | $134.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $82.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $439.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $166M |
| Inventory | $173M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $397M |
| PP&E (Net) | $525M |
| Goodwill | $185M |
| Intangible Assets | $182M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $895M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $85M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $81M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $215M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $121M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $800M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $912M |
| Minority Interest | $0 |
| TOTAL EQUITY | $912M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $147M |
| Net Debt | $97M |
