| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376M | $405M | $299M | -7.2% | 25.7% |
| Op. Income | $33M | $55M | $34M | -40.2% | -2.0% |
| Gross Margin | 49.4% | 52.7% | 52.7% | -3.3pp | -3.4pp |
| Net Margin | 2.3% | 4.8% | 3.1% | -2.5pp | -0.8pp |
| EPS (Diluted) | $0.05 | $0.11 | $0.06 | -54.5% | -9.4% |
| Free Cash Flow | $43M | -$29M | $60M | 246.5% | -29.3% |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $186M |
| R&D Expenses | $9M |
| Selling & Marketing | $109M |
| General & Administrative | $35M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $169.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $33M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $186M |
| R&D Expenses | $9M |
| Selling & Marketing | $109M |
| General & Administrative | $35M |
| SG&A Expenses | $144M |
| Other Expenses | $0 |
| Operating Expenses | $153M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $169.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $33M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$969.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $322M |
| Inventory | -$8M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $384M |
| PP&E (Net) | $42M |
| Goodwill | $29M |
| Intangible Assets | $22M |
| Long-Term Investments | $764M |
| Tax Assets | $35M |
| Other Non-Current Assets | -$31M |
| TOTAL NON-CURRENT ASSETS | $861M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $61M |
| Short-Term Debt | $38M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $648M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $708M |
| TOTAL LIABILITIES | $898M |
| Common Stock | $2M |
| Additional Paid-In Capital | $577M |
| Retained Earnings | -$239M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $347M |
| Minority Interest | $0 |
| TOTAL EQUITY | $347M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $713M |
| Net Debt | $675M |
