| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $43M | $354M | 659.4% | -7.6% |
| Op. Income | $29M | -$15M | $52M | 294.4% | -44.1% |
| Gross Margin | 28.7% | 90.0% | 36.0% | -61.3pp | -7.2pp |
| Net Margin | 4.4% | -43.7% | 6.4% | 48.1pp | -2.0pp |
| EPS (Diluted) | $0.59 | $-0.79 | $0.84 | 174.7% | -29.8% |
| Free Cash Flow | $33M | -$55M | $30M | 161.0% | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $233M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $29M |
| Interest Income | $619.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $790.0K |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $233M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $298M |
| OPERATING INCOME | $29M |
| Interest Income | $619.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $790.0K |
| EBIT | $32M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $790.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$599.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$111.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $109M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $736M |
| Goodwill | $227M |
| Intangible Assets | $104M |
| Long-Term Investments | $62M |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $11M |
| Short-Term Debt | $81M |
| Deferred Revenue | $258M |
| Other Current Liabilities | $121M |
| TOTAL CURRENT LIABILITIES | $560M |
| Long-Term Debt | $330M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$179M |
| Treasury Stock | -$171M |
| Accum. Other Comp. Income | -$997.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$339M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$339M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
