| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $373M | $345M | 4.1% | 12.8% |
| Op. Income | $76M | $63M | $61M | 21.7% | 24.8% |
| Gross Margin | 37.6% | 36.1% | 36.8% | 1.5pp | 0.8pp |
| Net Margin | 10.7% | 8.5% | 356.3% | 2.1pp | -345.6pp |
| EPS (Diluted) | $0.32 | $0.24 | $7.11 | 33.3% | -95.5% |
| Free Cash Flow | $23M | -$22M | $79M | 204.5% | -70.5% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | -$3M |
| Operating Expenses | $70M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $26M |
| EBIT | $73M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | -$3M |
| Operating Expenses | $70M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $26M |
| EBIT | $73M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $400.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $38M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $701M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $692M |
| Long-Term Investments | $8M |
| Tax Assets | -$8M |
| Other Non-Current Assets | $203M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $119M |
| Short-Term Debt | $624M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $221M |
| TOTAL CURRENT LIABILITIES | $964M |
| Long-Term Debt | $951M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $519M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $400.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |
