| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $590M | $595M | $547M | -0.7% | 7.9% |
| Op. Income | $22M | $18M | $24M | 21.3% | -9.0% |
| Gross Margin | 12.0% | 12.1% | 13.8% | -0.1pp | -1.8pp |
| Net Margin | 1.8% | 1.9% | 4.3% | -0.1pp | -2.5pp |
| EPS (Diluted) | $0.47 | $0.50 | $1.03 | -6.0% | -54.4% |
| Free Cash Flow | $40M | -$14M | $83M | 379.1% | -51.3% |
| Item | Amount |
|---|---|
| REVENUE | $590M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $71M |
| R&D Expenses | $14M |
| Selling & Marketing | $11M |
| General & Administrative | $23M |
| SG&A Expenses | $34M |
| Other Expenses | $841.0K |
| Operating Expenses | $49M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $22M |
| Interest Income | $121.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $33M |
| EBIT | $23M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $590M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $71M |
| R&D Expenses | $14M |
| Selling & Marketing | $11M |
| General & Administrative | $23M |
| SG&A Expenses | $34M |
| Other Expenses | $841.0K |
| Operating Expenses | $49M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $22M |
| Interest Income | $121.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $33M |
| EBIT | $23M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $722.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $214.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $436M |
| Inventory | $324M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $929M |
| PP&E (Net) | $1.3B |
| Goodwill | $99M |
| Intangible Assets | $41M |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $289M |
| Short-Term Debt | $298M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $714M |
| Long-Term Debt | $357M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $27M |
| Additional Paid-In Capital | $258M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$190M |
| Accum. Other Comp. Income | -$139M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $708M |
| Net Debt | $589M |
