| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | $570M | $547M | 6.1% | 10.7% |
| Op. Income | $39M | $17M | $21M | 128.4% | 82.1% |
| Gross Margin | 19.4% | 18.2% | 18.0% | 1.2pp | 1.3pp |
| Net Margin | 4.4% | 1.8% | 1.2% | 2.5pp | 3.1pp |
| EPS (Diluted) | $0.25 | $0.10 | $0.07 | 150.0% | 284.0% |
| Free Cash Flow | $2M | -$5M | -$24M | 143.8% | 110.1% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $488M |
| GROSS PROFIT | $117M |
| R&D Expenses | $9M |
| Selling & Marketing | $20M |
| General & Administrative | $39M |
| SG&A Expenses | $58M |
| Other Expenses | $11M |
| Operating Expenses | $78M |
| Cost & Expenses | $566M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $39M |
| EBIT | $43M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $488M |
| GROSS PROFIT | $117M |
| R&D Expenses | $9M |
| Selling & Marketing | $20M |
| General & Administrative | $39M |
| SG&A Expenses | $58M |
| Other Expenses | $11M |
| Operating Expenses | $78M |
| Cost & Expenses | $566M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $39M |
| EBIT | $43M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $30M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$875.0K |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $446M |
| Short-Term Investments | $0 |
| Net Receivables | $741M |
| Inventory | $217M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $920M |
| Goodwill | $703M |
| Intangible Assets | $210M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $371M |
| Short-Term Debt | $3M |
| Deferred Revenue | $129M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $712M |
| Long-Term Debt | $913M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $894M |
| Retained Earnings | $819M |
| Treasury Stock | -$158M |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.0B |
| Net Debt | $567M |
