| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 9.6% | 8.6% |
| Op. Income | $210M | $176M | -$2M | 19.1% | 9692.2% |
| Gross Margin | 29.4% | 26.9% | 13.5% | 2.5pp | 15.9pp |
| Net Margin | 12.7% | 11.1% | -0.7% | 1.5pp | 13.4pp |
| EPS (Diluted) | $2.10 | $1.67 | $-0.02 | 25.7% | 9867.4% |
| Free Cash Flow | $340M | $397M | $403M | -14.4% | -15.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $179M |
| SG&A Expenses | $179M |
| Other Expenses | $47M |
| Operating Expenses | $226M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $210M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $213M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $31M |
| EBIT | $226M |
| EBITDA | $257M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $179M |
| SG&A Expenses | $179M |
| Other Expenses | $47M |
| Operating Expenses | $226M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $210M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $213M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $31M |
| EBIT | $226M |
| EBITDA | $257M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $188M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $70M |
| OPERATING CASH FLOW | $348M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$171M |
| NET CASH FROM INVESTING | -$544M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$373.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $340M |
| Net Change in Cash | -$251M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $890M |
| Short-Term Investments | $4.5B |
| Net Receivables | $10.0B |
| Inventory | $0 |
| Other Current Assets | -$17.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $104M |
| Goodwill | $101M |
| Intangible Assets | $190M |
| Long-Term Investments | $13.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $29.5B |
| Account Payables | $1.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.0B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $24.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $6.6B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | -$775M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $29.5B |
| Total Debt | $1.5B |
| Net Debt | $626M |
