| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $591M | $594M | $543M | -0.5% | 8.8% |
| Op. Income | $28M | $53M | $21M | -47.4% | 34.9% |
| Gross Margin | 26.9% | 35.3% | 31.8% | -8.5pp | -5.0pp |
| Net Margin | 3.5% | 7.1% | 3.3% | -3.7pp | 0.2pp |
| EPS (Diluted) | $1.09 | $2.26 | $0.95 | -51.8% | 14.7% |
| Free Cash Flow | $27M | $7M | $668.0K | 310.9% | 3972.3% |
| Item | Amount |
|---|---|
| REVENUE | $591M |
| Cost of Revenue | $432M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $28M |
| Interest Income | $350.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$225.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $36M |
| EBIT | $28M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $591M |
| Cost of Revenue | $432M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $28M |
| Interest Income | $350.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$225.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $36M |
| EBIT | $28M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $257.0K |
| Other Non-Cash Items | $335.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $26.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$348.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $11M |
| Net Receivables | $292M |
| Inventory | $400M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $864M |
| PP&E (Net) | $842M |
| Goodwill | $649M |
| Intangible Assets | $132M |
| Long-Term Investments | $0 |
| Tax Assets | $617.0K |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $263M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $255M |
| TOTAL NON-CURRENT LIABILITIES | $308M |
| TOTAL LIABILITIES | $571M |
| Common Stock | $2M |
| Additional Paid-In Capital | $101M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $72M |
| Net Debt | -$19M |
