| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $416M | $425M | $386M | -2.1% | 7.9% |
| Op. Income | $126M | $127M | $105M | -0.5% | 19.9% |
| Gross Margin | 64.6% | 63.8% | 61.8% | 0.9pp | 2.8pp |
| Net Margin | 23.8% | 21.3% | 20.8% | 2.5pp | 3.1pp |
| EPS (Diluted) | $1.44 | $1.32 | $1.16 | 9.1% | 24.1% |
| Free Cash Flow | $100M | -$100M | $128M | 199.4% | -22.1% |
| Item | Amount |
|---|---|
| REVENUE | $416M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $93M |
| Other Expenses | $50M |
| Operating Expenses | $143M |
| Cost & Expenses | $290M |
| OPERATING INCOME | $126M |
| Interest Income | $355M |
| Interest Expense | $141M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $11M |
| EBIT | $126M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $416M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $93M |
| Other Expenses | $50M |
| Operating Expenses | $143M |
| Cost & Expenses | $290M |
| OPERATING INCOME | $126M |
| Interest Income | $355M |
| Interest Expense | $141M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $11M |
| EBIT | $126M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$185M |
| Sales/Maturities of Investments | $324M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | $70M |
| Net Debt Issuance | -$600M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $435M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $100M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $211M |
| Goodwill | $1.0B |
| Intangible Assets | $75M |
| Long-Term Investments | $21.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $889M |
| TOTAL NON-CURRENT ASSETS | $23.6B |
| TOTAL ASSETS | $26.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.9B |
| TOTAL CURRENT LIABILITIES | $21.9B |
| Long-Term Debt | $478M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $361M |
| TOTAL NON-CURRENT LIABILITIES | $839M |
| TOTAL LIABILITIES | $22.7B |
| Common Stock | $73M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $26.4B |
| Total Debt | $478M |
| Net Debt | -$881M |
