| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $238M | $179M | -9.0% | 21.6% |
| Op. Income | $28M | $33M | $19M | -15.9% | 49.7% |
| Gross Margin | 18.0% | 20.1% | 16.8% | -2.1pp | 1.2pp |
| Net Margin | 3.9% | 5.4% | 8.9% | -1.5pp | -5.1pp |
| EPS (Diluted) | $0.29 | $0.42 | $0.48 | -32.8% | -40.9% |
| Free Cash Flow | -$42M | $52M | -$3M | -180.9% | -1141.5% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $417.3K |
| Operating Expenses | $11M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $28M |
| Interest Expense | $8M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $35M |
| EBIT | $23M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $417.3K |
| Operating Expenses | $11M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $28M |
| Interest Expense | $8M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $35M |
| EBIT | $23M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $125.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$81.8K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $37M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $636M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $40M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $684M |
| TOTAL ASSETS | $852M |
| Account Payables | $67M |
| Short-Term Debt | $46M |
| Deferred Revenue | $736.9K |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $162M |
| Long-Term Debt | $353M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $493M |
| TOTAL LIABILITIES | $655M |
| Common Stock | $124M |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $71M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$593.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | $0 |
| TOTAL EQUITY | $197M |
| TOTAL LIABILITIES & EQUITY | $852M |
| Total Debt | $407M |
| Net Debt | $363M |
