| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $554M | $509M | $492M | 8.9% | 12.7% |
| Op. Income | $29M | $38M | $42M | -23.7% | -31.6% |
| Gross Margin | 22.7% | 26.3% | 26.3% | -3.5pp | -3.5pp |
| Net Margin | 4.0% | 5.4% | 6.7% | -1.4pp | -2.7pp |
| EPS (Diluted) | $0.82 | $1.02 | $1.23 | -19.6% | -33.3% |
| Free Cash Flow | $104M | $131M | $128M | -20.5% | -18.6% |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $428M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $97M |
| Operating Expenses | $97M |
| Cost & Expenses | $525M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $723.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $9M |
| 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 | $6M |
| EBIT | $29M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $428M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $97M |
| Operating Expenses | $97M |
| Cost & Expenses | $525M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $723.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $9M |
| 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 | $6M |
| EBIT | $29M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$51.0K |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$799.0K |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $252.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$37.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $0 |
| Net Receivables | $794M |
| Inventory | $140M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $32M |
| Goodwill | $162M |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $380M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $316M |
| Short-Term Debt | $128M |
| Deferred Revenue | $135M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $657M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $752M |
| Common Stock | $274.0K |
| Additional Paid-In Capital | $180M |
| Retained Earnings | $743M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $902M |
| Minority Interest | $0 |
| TOTAL EQUITY | $902M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $141M |
| Net Debt | -$112M |
