| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $471M | $450M | $480M | 4.7% | -1.7% |
| Op. Income | $30M | $18M | $30M | 64.7% | -2.9% |
| Gross Margin | 30.0% | 28.1% | 29.5% | 1.9pp | 0.5pp |
| Net Margin | 1.9% | -0.5% | 1.9% | 2.4pp | 0.0pp |
| EPS (Diluted) | $0.29 | $-0.07 | $0.29 | 489.3% | 0.0% |
| Free Cash Flow | $47M | -$41M | $70M | 214.0% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $442M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $23M |
| EBIT | $21M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $471M |
| Cost of Revenue | $330M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $442M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $23M |
| EBIT | $21M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $30.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $208.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$35.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $284M |
| Inventory | $253M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $654M |
| PP&E (Net) | $344M |
| Goodwill | $708M |
| Intangible Assets | $144M |
| Long-Term Investments | $28M |
| Tax Assets | $2M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $107M |
| Short-Term Debt | $29M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $359M |
| Long-Term Debt | $824M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $36M |
| Additional Paid-In Capital | $150M |
| Retained Earnings | $705M |
| Treasury Stock | -$210M |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $509M |
| Minority Interest | $47.0K |
| TOTAL EQUITY | $509M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $911M |
| Net Debt | $865M |
