| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $386M | $311M | -18.7% | 0.8% |
| Op. Income | $30M | $47M | $50M | -36.4% | -39.3% |
| Gross Margin | 16.3% | 85.2% | 21.5% | -68.9pp | -5.2pp |
| Net Margin | 4.8% | 6.9% | 6.3% | -2.1pp | -1.5pp |
| EPS (Diluted) | $1.05 | $1.85 | $1.19 | -43.1% | -11.7% |
| Free Cash Flow | $99M | $7M | $123M | 1254.4% | -19.6% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $54M |
| EBIT | $36M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $283M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $54M |
| EBIT | $36M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$822.9K |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $275M |
| Inventory | $28M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $343M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $4M |
| Tax Assets | $22M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $212M |
| Short-Term Debt | $703.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $814.1K |
| TOTAL CURRENT LIABILITIES | $228M |
| Long-Term Debt | $617M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $709M |
| TOTAL LIABILITIES | $937M |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $55M |
| Retained Earnings | -$698M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $673M |
| Net Debt | $637M |
