Gross margin moved 104 bp lower
Gross margin changed -104 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
19.55%→18.51%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →CNXN financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Cost of revenue increased 24.9%
Cost of revenue changed +24.9% from the comparable as-filed period.
$570.4M→$712.5M2 prior comparisons
Net income increased 27.2%
Net income changed +27.2% from the comparable as-filed period.
$24.7M→$31.5M2 prior comparisons
Operating margin moved 42 bp higher
Operating margin changed +42 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
4.27%→4.69%2 prior comparisons
Operating cash flow / net income decreased 88.1%
Operating cash flow / net income changed -88.1% from the comparable as-filed period.
2.59→0.312 prior comparisons
Receivables / revenue moved 334 bp higher
Receivables / revenue changed +334 basis points from the comparable as-filed period.
86.97%→90.31%2 prior comparisons
Operating cash-flow margin moved 793 bp lower
Operating cash-flow margin changed -793 basis points from the comparable as-filed period.
9.05%→1.11%2 prior comparisons
Total assets increased 16.1%
Total assets changed +16.1% from the comparable as-filed period.
$1.3B→$1.5B3 prior comparisons
Working capital / assets moved 280 bp lower
Working capital / assets changed -280 basis points from the comparable as-filed period.
60.51%→57.71%3 prior comparisons
Free-cash-flow margin moved 791 bp lower
Free-cash-flow margin changed -791 basis points from the comparable as-filed period.
8.78%→0.87%0 prior comparisons
Gross profit increased 16.7%
Gross profit changed +16.7% from the comparable as-filed period.
$138.6M→$161.9M2 prior comparisons
Shares outstanding increased 0.0%
Shares outstanding changed +0.0% from the comparable as-filed period. The change ranks at the 0th percentile of 8 prior comparable changes. This reverses 6 consecutive comparable moves in the opposite direction.
25,245,224→25,247,9108 prior comparisons
Selling, general & administrative increased 11.5%
Selling, general & administrative changed +11.5% from the comparable as-filed period.
$108.4M→$120.9M2 prior comparisons
SBC / revenue moved 4 bp lower
SBC / revenue changed -4 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
0.34%→0.30%2 prior comparisons
Stock-based compensation increased 9.2%
Stock-based compensation changed +9.2% from the comparable as-filed period.
$2.4M→$2.7M2 prior comparisons
Capex / revenue moved 3 bp lower
Capex / revenue changed -3 basis points from the comparable as-filed period.
0.26%→0.24%0 prior comparisons
Capital expenditure increased 11.0%
Capital expenditure changed +11.0% from the comparable as-filed period.
$1.9M→$2.1M0 prior comparisons
Net income increased 33.8%
Net income changed +33.8% from the comparable as-filed period.
$24.8M→$33.2M2 prior comparisons
Free-cash-flow proxy changed across a sign change
Free-cash-flow proxy changed -366.8% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$24.6M→-$65.7M1 prior comparisons
Operating cash flow changed across a sign change
Operating cash flow changed -343.0% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$26.3M→-$63.8M3 prior comparisons
Operating cash-flow margin moved 1093 bp lower
Operating cash-flow margin changed -1093 basis points from the comparable as-filed period.
3.46%→-7.47%2 prior comparisons
Revenue increased 12.4%
Revenue changed +12.4% from the comparable as-filed period.
$759.7M→$854.0M2 prior comparisons
Gross margin moved 31 bp higher
Gross margin changed +31 basis points from the comparable as-filed period.
18.13%→18.44%2 prior comparisons
Free-cash-flow margin moved 1094 bp lower
Free-cash-flow margin changed -1094 basis points from the comparable as-filed period.
3.24%→-7.70%0 prior comparisons
Total assets increased 12.5%
Total assets changed +12.5% from the comparable as-filed period.
$1.3B→$1.4B3 prior comparisons
Gross profit increased 14.3%
Gross profit changed +14.3% from the comparable as-filed period.
$137.8M→$157.5M2 prior comparisons
Working capital increased 9.6%
Working capital changed +9.6% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$770.8M→$844.8M4 prior comparisons
Cost of revenue increased 12.0%
Cost of revenue changed +12.0% from the comparable as-filed period.
$621.9M→$696.5M2 prior comparisons
Capital expenditure increased 19.2%
Capital expenditure changed +19.2% from the comparable as-filed period.
$1.6M→$1.9M1 prior comparisons
Shares outstanding decreased 0.6%
Shares outstanding changed -0.6% from the comparable as-filed period. The change ranks at the 25th percentile of 8 prior comparable changes.
25,389,003→25,238,0998 prior comparisons
Receivables / revenue moved 125 bp higher
Receivables / revenue changed +125 basis points from the comparable as-filed period.
83.85%→85.11%2 prior comparisons
Working capital / assets moved 155 bp lower
Working capital / assets changed -155 basis points from the comparable as-filed period.
60.73%→59.18%3 prior comparisons
SBC / revenue moved 1 bp lower
SBC / revenue changed -1 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
0.32%→0.31%2 prior comparisons
Operating cash flow / net income changed across a sign change
Operating cash flow / net income changed -281.6% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
1.06→-1.922 prior comparisons
Stock-based compensation increased 7.8%
Stock-based compensation changed +7.8% from the comparable as-filed period.
$2.5M→$2.7M3 prior comparisons
Selling, general & administrative increased 7.1%
Selling, general & administrative changed +7.1% from the comparable as-filed period.
$106.9M→$114.5M2 prior comparisons
Current ratio decreased 6.9%
Current ratio changed -6.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
3.09→2.884 prior comparisons
Capex / revenue moved 1 bp higher
Capex / revenue changed +1 basis points from the comparable as-filed period.
0.21%→0.23%0 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.