| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $534M | $569M | — | -6.2% | — |
| Op. Income | $68M | $55M | — | 23.2% | — |
| Gross Margin | 44.3% | 44.5% | — | -0.3pp | — |
| Net Margin | 7.1% | 8.7% | — | -1.6pp | — |
| EPS (Diluted) | $0.08 | $0.10 | — | -20.0% | — |
| Free Cash Flow | -$72M | $13M | — | -658.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $236M |
| R&D Expenses | $10M |
| Selling & Marketing | $18M |
| General & Administrative | $150M |
| SG&A Expenses | $168M |
| Other Expenses | -$10M |
| Operating Expenses | $168M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $68M |
| Interest Income | $17M |
| Interest Expense | $22M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$16.0K |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $20M |
| EBIT | $77M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $236M |
| R&D Expenses | $10M |
| Selling & Marketing | $18M |
| General & Administrative | $150M |
| SG&A Expenses | $168M |
| Other Expenses | -$10M |
| Operating Expenses | $168M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $68M |
| Interest Income | $17M |
| Interest Expense | $22M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$16.0K |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $20M |
| EBIT | $77M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$130M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$189M |
| NET CASH FROM INVESTING | -$197M |
| Net Debt Issuance | $220M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | $254M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $572M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $183M |
| Goodwill | $505M |
| Intangible Assets | $202M |
| Long-Term Investments | $235M |
| Tax Assets | $0 |
| Other Non-Current Assets | $555M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $657M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$217M |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $858M |
| Minority Interest | $184M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.4B |
| Net Debt | $876M |
