| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $161M | $166M | -6.1% | -8.9% |
| Op. Income | $22M | $21M | $27M | 4.9% | -19.0% |
| Gross Margin | 32.3% | 30.9% | 32.6% | 1.4pp | -0.3pp |
| Net Margin | 12.0% | 9.3% | 10.9% | 2.7pp | 1.1pp |
| EPS (Diluted) | $1.64 | $1.36 | $1.63 | 20.6% | 0.6% |
| Free Cash Flow | -$22M | $15M | -$219.0K | -244.5% | -9748.4% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $49M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $13M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $22M |
| Interest Income | $1M |
| Interest Expense | $830.0K |
| Other Income/Expenses | $599.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $49M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $13M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $22M |
| Interest Income | $1M |
| Interest Expense | $830.0K |
| Other Income/Expenses | $599.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $82.0K |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $53.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $173.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $17M |
| Net Receivables | $154M |
| Inventory | $167M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $501M |
| PP&E (Net) | $127M |
| Goodwill | $84M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $265M |
| TOTAL ASSETS | $765M |
| Account Payables | $48M |
| Short-Term Debt | $228.0K |
| Deferred Revenue | $18M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $677.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $282M |
| Common Stock | $19M |
| Additional Paid-In Capital | $101M |
| Retained Earnings | $662M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $483M |
| Minority Interest | $0 |
| TOTAL EQUITY | $483M |
| TOTAL LIABILITIES & EQUITY | $765M |
| Total Debt | $136M |
| Net Debt | $2M |
