| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $194M | $180M | 5.7% | 14.0% |
| Op. Income | $49M | $46M | $49M | 6.2% | 1.0% |
| Gross Margin | 71.3% | 73.1% | 80.0% | -1.8pp | -8.7pp |
| Net Margin | 19.4% | 19.3% | 22.0% | 0.0pp | -2.6pp |
| EPS (Diluted) | $1.15 | $1.09 | $1.15 | 5.5% | 0.0% |
| Free Cash Flow | $74M | $49M | $40M | 50.9% | 87.1% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $67M |
| SG&A Expenses | $68M |
| Other Expenses | $29M |
| Operating Expenses | $97M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $49M |
| Interest Income | $189M |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $67M |
| SG&A Expenses | $68M |
| Other Expenses | $29M |
| Operating Expenses | $97M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $49M |
| Interest Income | $189M |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$327M |
| NET CASH FROM INVESTING | -$272M |
| Net Debt Issuance | $329M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$80M |
| NET CASH FROM FINANCING | $231M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $2.2B |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $166M |
| Goodwill | $373M |
| Intangible Assets | $4M |
| Long-Term Investments | $12.0B |
| Tax Assets | $154M |
| Other Non-Current Assets | $579M |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $0 |
| Short-Term Debt | $166M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $13.2B |
| Long-Term Debt | $554M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $282M |
| TOTAL NON-CURRENT LIABILITIES | $880M |
| TOTAL LIABILITIES | $14.1B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $686M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$298M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $764M |
| Net Debt | $517M |
