| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $968M | $1.0B | 6.6% | 2.2% |
| Op. Income | $157M | $145M | $110M | 8.1% | 43.1% |
| Gross Margin | 47.3% | 46.7% | 43.8% | 0.6pp | 3.5pp |
| Net Margin | 11.5% | 11.8% | 8.2% | -0.2pp | 3.3pp |
| EPS (Diluted) | $3.77 | $3.62 | $2.63 | 4.1% | 43.3% |
| Free Cash Flow | $151M | $141M | $88M | 7.5% | 71.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $489M |
| R&D Expenses | $102M |
| Selling & Marketing | $20M |
| General & Administrative | $209M |
| SG&A Expenses | $229M |
| Other Expenses | $0 |
| Operating Expenses | $332M |
| Cost & Expenses | $875M |
| OPERATING INCOME | $157M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $23M |
| EBIT | $159M |
| EBITDA | $181M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $489M |
| R&D Expenses | $102M |
| Selling & Marketing | $20M |
| General & Administrative | $209M |
| SG&A Expenses | $229M |
| Other Expenses | $0 |
| Operating Expenses | $332M |
| Cost & Expenses | $875M |
| OPERATING INCOME | $157M |
| Interest Income | $10M |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $23M |
| EBIT | $159M |
| EBITDA | $181M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$700.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $846M |
| Short-Term Investments | $0 |
| Net Receivables | $563M |
| Inventory | $388M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $370M |
| Goodwill | $1.1B |
| Intangible Assets | $441M |
| Long-Term Investments | $7M |
| Tax Assets | $2M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $352M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $290M |
| TOTAL CURRENT LIABILITIES | $688M |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $748M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.9B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $574M |
| Net Debt | -$272M |
