| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $348M | $338M | 3.3% | 6.5% |
| Op. Income | $18M | $10M | $10M | 84.9% | 75.6% |
| Gross Margin | 30.1% | 27.2% | 26.8% | 2.9pp | 3.3pp |
| Net Margin | 3.7% | 2.1% | 2.0% | 1.6pp | 1.7pp |
| EPS (Diluted) | $0.69 | $0.37 | $0.36 | 86.5% | 91.7% |
| Free Cash Flow | -$4M | $29M | -$4M | -113.6% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $251M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $72M |
| General & Administrative | $18M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $429.0K |
| Other Income/Expenses | $255.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $17M |
| EBIT | $19M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $251M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $72M |
| General & Administrative | $18M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $429.0K |
| Other Income/Expenses | $255.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $17M |
| EBIT | $19M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $569.0K |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $178M |
| Inventory | $189M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $421M |
| PP&E (Net) | $546M |
| Goodwill | $185M |
| Intangible Assets | $180M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $915M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $420M |
| Common Stock | $124M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $799M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $916M |
| Minority Interest | $0 |
| TOTAL EQUITY | $916M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $179M |
| Net Debt | $135M |
