| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $336M | $325M | $300M | 3.5% | 12.0% |
| Op. Income | $35M | $34M | $28M | 3.9% | 26.0% |
| Gross Margin | 15.9% | 16.4% | 15.0% | -0.5pp | 0.8pp |
| Net Margin | 6.1% | 5.8% | 4.9% | 0.3pp | 1.2pp |
| EPS (Diluted) | $0.22 | $0.20 | $0.16 | 10.0% | 37.5% |
| Free Cash Flow | $43M | $28M | $40M | 53.1% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| 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 | $34M |
| EBIT | $36M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $336M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $35M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| 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 | $34M |
| EBIT | $36M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$96.0K |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $972.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$165.0K |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $329M |
| Inventory | $100M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $577M |
| PP&E (Net) | $453M |
| Goodwill | $645M |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $351M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $523M |
| Long-Term Debt | $284M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $406M |
| TOTAL LIABILITIES | $929M |
| Common Stock | $886M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $69.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $874M |
| Minority Interest | $0 |
| TOTAL EQUITY | $874M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $438M |
| Net Debt | $320M |
