Q1 2024 Earnings

Reported November 29, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q1 2024	Q4 2023	Q1 2023	QoQ Change	YoY Change
Revenue	$222M	—	—	—	—
Op. Income	$40M	—	—	—	—
Gross Margin	55.6%	—	—	—	—
Net Margin	11.8%	—	—	—	—
EPS (Diluted)	$0.74	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$222M
Cost of Revenue	$99M
GROSS PROFIT	$124M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$84M
Other Expenses	$0
Operating Expenses	$84M
Cost & Expenses	$183M
OPERATING INCOME	$40M
Interest Income	$4M
Interest Expense	$547.0K
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$35M
Income Tax Expense	$8M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$26M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$26M
D&A	$5M
EBIT	$35M
EBITDA	$40M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$222M
Cost of Revenue	$99M
GROSS PROFIT	$124M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$84M
Other Expenses	$0
Operating Expenses	$84M
Cost & Expenses	$183M
OPERATING INCOME	$40M
Interest Income	$4M
Interest Expense	$547.0K
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$35M
Income Tax Expense	$8M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$26M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$26M
D&A	$5M
EBIT	$35M
EBITDA	$40M
EPS	$1
EPS Diluted	$1