| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $437M | $426M | $403M | 2.6% | 8.3% |
| Op. Income | $31M | $35M | $37M | -11.6% | -14.4% |
| Gross Margin | 18.5% | 18.3% | 22.1% | 0.3pp | -3.5pp |
| Net Margin | 5.1% | 4.5% | 6.6% | 0.6pp | -1.5pp |
| EPS (Diluted) | $1.07 | $0.91 | $1.27 | 17.6% | -15.7% |
| Free Cash Flow | -$7M | -$2M | -$18M | -289.2% | 58.7% |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $81M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $7M |
| Operating Expenses | $50M |
| Cost & Expenses | $405M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $768.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $19M |
| EBIT | $34M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $81M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $7M |
| Operating Expenses | $50M |
| Cost & Expenses | $405M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $768.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $19M |
| EBIT | $34M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$935.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$173.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $776.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $215M |
| Inventory | $477M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $795M |
| PP&E (Net) | $585M |
| Goodwill | $321M |
| Intangible Assets | $124M |
| Long-Term Investments | $1M |
| Tax Assets | $5M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $130M |
| Short-Term Debt | $38M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $458M |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $672M |
| TOTAL LIABILITIES | $925M |
| Common Stock | $332M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $901M |
| Treasury Stock | -$259M |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $932M |
| Minority Interest | $0 |
| TOTAL EQUITY | $932M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $565M |
| Net Debt | $548M |
