| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $499M | $524M | — | -4.8% | — |
| Op. Income | $7M | $22M | — | -68.6% | — |
| Gross Margin | 18.8% | 20.8% | — | -2.0pp | — |
| Net Margin | -4.2% | -0.3% | — | -3.9pp | — |
| EPS (Diluted) | $-0.38 | $-0.03 | — | -1276.8% | — |
| Free Cash Flow | $25M | $37M | — | -32.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $499M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $94M |
| R&D Expenses | $6M |
| Selling & Marketing | $18M |
| General & Administrative | $52M |
| SG&A Expenses | $70M |
| Other Expenses | $11M |
| Operating Expenses | $87M |
| Cost & Expenses | $492M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $36M |
| EBIT | -$6M |
| EBITDA | $30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $0 |
| Net Receivables | $225M |
| Inventory | $354M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $777M |
| PP&E (Net) | $707M |
| Goodwill | $476M |
| Intangible Assets | $586M |
| Long-Term Investments | $3M |
| Tax Assets | $10M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $173M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $328M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $672M |
| Retained Earnings | $168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $882M |
| Minority Interest | $0 |
| TOTAL EQUITY | $882M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
