Financial Performance:
- Revenue: $247.0 million, a decrease of 3.46% QoQ but an increase of 4.44% YoY.
- Gross Profit: $60.2 million (24.38% gross profit margin), reflecting an increase of 11.76% YoY.
- Operating Income: $33.7 million, achieving a 16.36% operating margin, down 15.19% QoQ but up 2.29% YoY.
- Net Income: $24.1 million, representing a net margin of 9.76% (up 3.89% YoY).
- Earnings per Share (EPS): $1.16, an increase of 4.50% YoY.
Balance Sheet Metrics:
- Total Assets: $689.7 million, with total liabilities of $246.3 million, resulting in a debt-to-equity ratio of 0.256.
- Current Ratio: 2.27, indicating strong short-term liquidity.
- Free Cash Flow: $30.99 million, underscoring solid cash generation capabilities despite operational challenges.