| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $534M | $541M | — | -1.4% | — |
| Op. Income | $105M | $141M | — | -25.4% | — |
| Gross Margin | 51.5% | 51.0% | — | 0.5pp | — |
| Net Margin | 12.1% | 21.5% | — | -9.3pp | — |
| EPS (Diluted) | $0.57 | $1.03 | — | -44.7% | — |
| Free Cash Flow | $86M | $55M | — | 56.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $275M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $170M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $29M |
| EBIT | $105M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $259M |
| GROSS PROFIT | $275M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $170M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $29M |
| EBIT | $105M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $0 |
