| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $690M | $655M | — | 5.4% | — |
| Op. Income | $81M | $34M | — | 139.7% | — |
| Gross Margin | 27.5% | 24.0% | — | 3.5pp | — |
| Net Margin | 4.1% | -0.3% | — | 4.4pp | — |
| EPS (Diluted) | $0.25 | $-0.02 | — | 1730.7% | — |
| Free Cash Flow | -$23M | $40M | — | -157.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $690M |
| Cost of Revenue | $500M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $31M |
| Operating Expenses | $109M |
| Cost & Expenses | $609M |
| OPERATING INCOME | $81M |
| Interest Income | $2M |
| Interest Expense | $44M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $29M |
| EBIT | $83M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $690M |
| Cost of Revenue | $500M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $31M |
| Operating Expenses | $109M |
| Cost & Expenses | $609M |
| OPERATING INCOME | $81M |
| Interest Income | $2M |
| Interest Expense | $44M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $29M |
| EBIT | $83M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $418.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $96.0K |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $1.8B |
| Goodwill | $1.1B |
| Intangible Assets | $434M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $156M |
| Short-Term Debt | $16M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $443M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $76.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $0 |
| TOTAL EQUITY | $237M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
