| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $424M | $435M | $333M | -2.6% | 27.3% |
| Op. Income | $45M | $52M | $14M | -14.9% | 227.3% |
| Gross Margin | 20.3% | 22.1% | 20.2% | -1.9pp | 0.1pp |
| Net Margin | 8.2% | 9.0% | 3.0% | -0.8pp | 5.2pp |
| EPS (Diluted) | $0.31 | $0.34 | $0.10 | -8.8% | 224.6% |
| Free Cash Flow | $21M | $5M | -$31M | 320.2% | 168.0% |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $338M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $13M |
| Operating Expenses | $41M |
| Cost & Expenses | $379M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $714.0K |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $45M |
| EBIT | $47M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $424M |
| Cost of Revenue | $338M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $13M |
| Operating Expenses | $41M |
| Cost & Expenses | $379M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $714.0K |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $45M |
| EBIT | $47M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $8M |
| Net Receivables | $261M |
| Inventory | $16M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $1.0B |
| Goodwill | $24M |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $195M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $274M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $445M |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $941M |
| Retained Earnings | $86M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $91M |
| Net Debt | $37M |
