| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $233M | $233M | 5.2% | 5.1% |
| Op. Income | $16M | $14M | $22M | 15.8% | -28.9% |
| Gross Margin | 31.6% | 29.5% | 30.4% | 2.1pp | 1.3pp |
| Net Margin | 2.9% | 1.7% | 7.5% | 1.3pp | -4.6pp |
| EPS (Diluted) | $0.18 | $0.10 | $0.43 | 80.0% | -58.1% |
| Free Cash Flow | -$12M | -$34M | $12M | 63.7% | -199.0% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $16M |
| Interest Income | $744.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $8M |
| EBIT | $17M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $167M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $16M |
| Interest Income | $744.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $8M |
| EBIT | $17M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$108.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$569.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $10M |
| Net Receivables | $152M |
| Inventory | $289M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $582M |
| PP&E (Net) | $222M |
| Goodwill | $53M |
| Intangible Assets | $59M |
| Long-Term Investments | $11M |
| Tax Assets | $6M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $380M |
| TOTAL ASSETS | $962M |
| Account Payables | $80M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $168M |
| Long-Term Debt | $461M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $526M |
| TOTAL LIABILITIES | $693M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $249M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$117M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $962M |
| Total Debt | $512M |
| Net Debt | $443M |
