| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $551M | $515M | $687M | 6.9% | -19.8% |
| Op. Income | $44M | $30M | $103M | 48.0% | -57.6% |
| Gross Margin | 16.3% | 14.8% | 22.0% | 1.4pp | -5.7pp |
| Net Margin | 5.3% | 3.5% | 10.8% | 1.7pp | -5.6pp |
| EPS (Diluted) | $0.64 | $0.39 | $1.54 | 64.1% | -58.4% |
| Free Cash Flow | -$6M | -$37M | $49M | 83.4% | -112.4% |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $461M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $34M |
| SG&A Expenses | $42M |
| Other Expenses | $4M |
| Operating Expenses | $46M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $14M |
| EBIT | $44M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $551M |
| Cost of Revenue | $461M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $34M |
| SG&A Expenses | $42M |
| Other Expenses | $4M |
| Operating Expenses | $46M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $14M |
| EBIT | $44M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$189.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $251M |
| Inventory | $273M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $644M |
| PP&E (Net) | $366M |
| Goodwill | $188M |
| Intangible Assets | $80M |
| Long-Term Investments | -$13M |
| Tax Assets | $13M |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $695M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $175M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $323M |
| Long-Term Debt | $397M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $465M |
| TOTAL LIABILITIES | $789M |
| Common Stock | $781.0K |
| Additional Paid-In Capital | $685M |
| Retained Earnings | $444M |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $550M |
| Minority Interest | $366.0K |
| TOTAL EQUITY | $551M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $431M |
| Net Debt | $354M |
