| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $373M | $420M | -2.6% | -13.4% |
| Op. Income | $22M | -$16M | $24M | 235.7% | -9.2% |
| Gross Margin | 27.0% | 27.7% | 28.5% | -0.7pp | -1.5pp |
| Net Margin | 4.3% | 2.8% | 1.7% | 1.5pp | 2.6pp |
| EPS (Diluted) | $0.81 | $0.54 | $0.35 | 50.0% | 131.4% |
| Free Cash Flow | $21M | $27M | $9M | -24.6% | 123.1% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $64M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$332.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $64M |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$332.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$643.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$3.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119.0K |
| Short-Term Investments | $0 |
| Net Receivables | $233M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $244M |
| PP&E (Net) | $24M |
| Goodwill | $25M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $114M |
| TOTAL ASSETS | $358M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $426.0K |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $42M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $734.0K |
| Additional Paid-In Capital | $527M |
| Retained Earnings | $525M |
| Treasury Stock | -$894M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159M |
| Minority Interest | $0 |
| TOTAL EQUITY | $159M |
| TOTAL LIABILITIES & EQUITY | $358M |
| Total Debt | $57M |
| Net Debt | $57M |
