| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $373M | $389M | $438M | -4.1% | -14.7% |
| Op. Income | -$16M | $26M | $31M | -161.8% | -151.2% |
| Gross Margin | 27.7% | 28.3% | 28.9% | -0.6pp | -1.2pp |
| Net Margin | 2.8% | 4.8% | 5.1% | -1.9pp | -2.3pp |
| EPS (Diluted) | $0.54 | $0.92 | $1.07 | -41.3% | -49.5% |
| Free Cash Flow | $27M | $18M | $6M | 50.3% | 350.4% |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $86M |
| SG&A Expenses | $86M |
| Other Expenses | $33M |
| Operating Expenses | $119M |
| Cost & Expenses | $389M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$572.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$25.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122.0K |
| Short-Term Investments | $0 |
| Net Receivables | $248M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $24M |
| Goodwill | $25M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $370M |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $483.0K |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $732.0K |
| Additional Paid-In Capital | $524M |
| Retained Earnings | $517M |
| Treasury Stock | -$862M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $370M |
| Total Debt | $38M |
| Net Debt | $38M |
