| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $238M | $226M | 7.3% | 13.2% |
| Op. Income | $24M | $23M | $23M | 6.5% | 5.4% |
| Gross Margin | 41.8% | 41.5% | 44.2% | 0.3pp | -2.4pp |
| Net Margin | 5.0% | 5.3% | 4.3% | -0.3pp | 0.6pp |
| EPS (Diluted) | $0.14 | $0.14 | $0.10 | 0.0% | 40.0% |
| Free Cash Flow | $6M | $26M | $14M | -75.4% | -54.5% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $82M |
| Operating Expenses | $82M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $29M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $82M |
| Operating Expenses | $82M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $24M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $15M |
| EBIT | $29M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$449.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$396.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$556.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $209M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $419M |
| PP&E (Net) | $112M |
| Goodwill | $218M |
| Intangible Assets | $178M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $523M |
| TOTAL ASSETS | $942M |
| Account Payables | $38M |
| Short-Term Debt | $13M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $246M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $313M |
| TOTAL LIABILITIES | $452M |
| Common Stock | $1M |
| Additional Paid-In Capital | $714M |
| Retained Earnings | -$53M |
| Treasury Stock | -$159M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $490M |
| Minority Interest | $0 |
| TOTAL EQUITY | $490M |
| TOTAL LIABILITIES & EQUITY | $942M |
| Total Debt | $309M |
| Net Debt | $129M |
