| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $273M | $277M | $272M | -1.6% | 0.4% |
| Op. Income | $38M | $56M | $68M | -32.0% | -44.0% |
| Gross Margin | 64.8% | 66.9% | 67.5% | -2.1pp | -2.7pp |
| Net Margin | 10.1% | 18.4% | 18.4% | -8.3pp | -8.3pp |
| EPS (Diluted) | $0.17 | $0.31 | $0.31 | -45.2% | -45.2% |
| Free Cash Flow | $68M | $46M | $58M | 49.1% | 17.1% |
| Item | Amount |
|---|---|
| REVENUE | $273M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $177M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $38M |
| Interest Income | $816.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $28M |
| EBIT | $38M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $273M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $177M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $0 |
| Operating Expenses | $139M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $38M |
| Interest Income | $816.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $28M |
| EBIT | $38M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $6M |
| Net Receivables | $207M |
| Inventory | $181M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $591M |
| PP&E (Net) | $335M |
| Goodwill | $980M |
| Intangible Assets | $551M |
| Long-Term Investments | $250M |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $447M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $632M |
| TOTAL LIABILITIES | $767M |
| Common Stock | $2M |
| Additional Paid-In Capital | $764M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $556M |
| Net Debt | $426M |
