| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $296M | $290M | 2.5% | 4.3% |
| Op. Income | $34M | $25M | $28M | 34.7% | 20.8% |
| Gross Margin | 34.3% | 32.5% | 35.4% | 1.7pp | -1.1pp |
| Net Margin | 7.2% | 5.5% | 14.7% | 1.7pp | -7.5pp |
| EPS (Diluted) | $1.27 | $0.96 | $2.41 | 32.3% | -47.3% |
| Free Cash Flow | $55M | -$17M | $31M | 423.9% | 74.4% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $104M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $611.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| 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 | $10M |
| EBIT | $34M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $104M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $611.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $269M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| 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 | $10M |
| EBIT | $34M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$263.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $74.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $301M |
| Inventory | $372M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $779M |
| PP&E (Net) | $143M |
| Goodwill | $347M |
| Intangible Assets | $140M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $705M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $127M |
| Short-Term Debt | $223M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $550M |
| Long-Term Debt | $138M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $266M |
| TOTAL LIABILITIES | $816M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $694M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $667M |
| Minority Interest | $0 |
| TOTAL EQUITY | $667M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $396M |
| Net Debt | $331M |
