| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $501M | $479M | $443M | 4.5% | 12.9% |
| Op. Income | $36M | $20M | -$7M | 84.1% | 635.8% |
| Gross Margin | 20.0% | 14.9% | 10.0% | 5.1pp | 10.1pp |
| Net Margin | 3.9% | 1.7% | -1.9% | 2.2pp | 5.7pp |
| EPS (Diluted) | $0.17 | $0.07 | $-0.07 | 142.9% | 338.8% |
| Free Cash Flow | $34M | -$48M | $16M | 170.6% | 115.9% |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $6M |
| Operating Expenses | $64M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $36M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | $38M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $501M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $6M |
| Operating Expenses | $64M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $36M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | $38M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $0 |
| Net Receivables | $371M |
| Inventory | $447M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $987M |
| PP&E (Net) | $466M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $104M |
| Tax Assets | $80M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $670M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $130M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $273M |
| Long-Term Debt | $424M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $162M |
| TOTAL NON-CURRENT LIABILITIES | $609M |
| TOTAL LIABILITIES | $882M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$258M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$359M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $775M |
| Minority Interest | $0 |
| TOTAL EQUITY | $775M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $446M |
| Net Debt | $312M |
