| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $282M | $277M | $299M | 2.0% | -5.4% |
| Op. Income | $7M | $3M | $4M | 122.8% | 93.5% |
| Gross Margin | 43.5% | 41.3% | 44.2% | 2.2pp | -0.7pp |
| Net Margin | 3.1% | 1.3% | 1.9% | 1.7pp | 1.2pp |
| EPS (Diluted) | $0.19 | $0.08 | $0.12 | 134.3% | 58.3% |
| Free Cash Flow | $9M | $45M | $46M | -79.1% | -79.7% |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $123M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $22M |
| EBIT | $13M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $282M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $123M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $275M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $22M |
| EBIT | $13M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $571M |
| Short-Term Investments | $12M |
| Net Receivables | $252M |
| Inventory | $95M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $137M |
| Goodwill | $737M |
| Intangible Assets | $194M |
| Long-Term Investments | $51M |
| Tax Assets | $42M |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $48M |
| Short-Term Debt | $572M |
| Deferred Revenue | $152M |
| Other Current Liabilities | $131M |
| TOTAL CURRENT LIABILITIES | $962M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $367M |
| Treasury Stock | -$290M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $614M |
| Net Debt | $44M |
