| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $229M | $207M | 2.6% | 13.7% |
| Op. Income | $77M | $67M | $51M | 15.7% | 50.5% |
| Gross Margin | 66.8% | 67.3% | 66.2% | -0.5pp | 0.6pp |
| Net Margin | 13.3% | 10.3% | 11.4% | 3.0pp | 1.9pp |
| EPS (Diluted) | $0.23 | $0.19 | $0.24 | 21.1% | -4.2% |
| Free Cash Flow | $48M | -$33M | $23M | 247.4% | 110.8% |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $80M |
| Operating Expenses | $80M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $463.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $65M |
| EBIT | $78M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $80M |
| Operating Expenses | $80M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $77M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $463.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $65M |
| EBIT | $78M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $562.0K |
| Deferred Income Tax | $37.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $395.0K |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $1.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0K |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $131M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $231M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | -$61M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
