| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $472M | $420M | $336M | 12.3% | 40.5% |
| Op. Income | $156M | $217M | $115M | -28.5% | 35.6% |
| Gross Margin | 60.2% | 57.3% | 66.1% | 2.9pp | -5.9pp |
| Net Margin | 23.4% | 36.1% | 23.7% | -12.7pp | -0.3pp |
| EPS (Diluted) | $1.91 | $2.62 | $1.32 | -27.1% | 44.7% |
| Free Cash Flow | $107M | $108M | -$64M | -0.6% | 268.9% |
| Item | Amount |
|---|---|
| REVENUE | $472M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $284M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $80M |
| SG&A Expenses | $90M |
| Other Expenses | $39M |
| Operating Expenses | $129M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $156M |
| Interest Income | $444M |
| Interest Expense | $182M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $7M |
| EBIT | $156M |
| EBITDA | $163M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $472M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $284M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $80M |
| SG&A Expenses | $90M |
| Other Expenses | $39M |
| Operating Expenses | $129M |
| Cost & Expenses | $317M |
| OPERATING INCOME | $156M |
| Interest Income | $444M |
| Interest Expense | $182M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $7M |
| EBIT | $156M |
| EBITDA | $163M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$444M |
| NET CASH FROM INVESTING | -$420M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$595.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $897M |
| NET CASH FROM FINANCING | $887M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $582M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $208M |
| Net Receivables | $293M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $0 |
| Goodwill | $144M |
| Intangible Assets | $28M |
| Long-Term Investments | $18.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $387M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.1B |
| TOTAL CURRENT LIABILITIES | $19.5B |
| Long-Term Debt | $420M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $535M |
| TOTAL NON-CURRENT LIABILITIES | $955M |
| TOTAL LIABILITIES | $20.4B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $502M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$385M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $420M |
| Net Debt | -$1.7B |
