| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $213M | $231M | 0.4% | -7.2% |
| Op. Income | $11M | $12M | $28M | -3.4% | -59.5% |
| Gross Margin | 34.1% | 32.0% | 34.5% | 2.2pp | -0.3pp |
| Net Margin | 3.8% | 3.7% | 7.8% | 0.1pp | -4.0pp |
| EPS (Diluted) | $0.44 | $0.42 | $0.96 | 4.8% | -54.2% |
| Free Cash Flow | $9M | $19M | $4M | -52.9% | 114.6% |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $73M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $1M |
| Operating Expenses | $62M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $11M |
| Interest Income | $200.0K |
| Interest Expense | $400.0K |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $13M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $73M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $1M |
| Operating Expenses | $62M |
| Cost & Expenses | $203M |
| OPERATING INCOME | $11M |
| Interest Income | $200.0K |
| Interest Expense | $400.0K |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $13M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$500.0K |
| Change in Working Capital | $400.0K |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $196M |
| Inventory | $151M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $383M |
| Goodwill | $356M |
| Intangible Assets | $117M |
| Long-Term Investments | $10M |
| Tax Assets | $58M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $985M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $226M |
| Common Stock | $19M |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $18M |
| Net Debt | -$100M |
