| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $485M | $501M | $397M | -3.2% | 22.1% |
| Op. Income | $39M | $36M | -$25M | 8.4% | 253.8% |
| Gross Margin | 20.9% | 20.0% | 8.7% | 0.9pp | 12.2pp |
| Net Margin | 14.8% | 3.9% | -5.1% | 10.9pp | 20.0pp |
| EPS (Diluted) | $0.62 | $0.17 | $-0.18 | 264.7% | 444.4% |
| Free Cash Flow | $19M | $34M | $10M | -43.4% | 102.1% |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $39M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | $56M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $22M |
| EBIT | $106M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $485M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $39M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | $56M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $22M |
| EBIT | $106M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$75M |
| Change in Working Capital | -$100.0K |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$157M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$166M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $367M |
| Inventory | $549M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $743M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $70M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $854M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $155M |
| Short-Term Debt | $84M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $398M |
| Long-Term Debt | $470M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $177M |
| TOTAL NON-CURRENT LIABILITIES | $676M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$352M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $847M |
| Minority Interest | $0 |
| TOTAL EQUITY | $847M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $576M |
| Net Debt | $481M |
