| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $638M | $611M | $681M | 4.5% | -6.3% |
| Op. Income | $101M | $52M | $90M | 95.2% | 13.3% |
| Gross Margin | 55.6% | 53.4% | 53.2% | 2.2pp | 2.4pp |
| Net Margin | -339.2% | 62.9% | -170.6% | -402.0pp | -168.5pp |
| EPS (Diluted) | $-76.26 | $13.45 | $-39.59 | -667.0% | -92.6% |
| Free Cash Flow | $55M | $30M | $63M | 86.9% | -12.7% |
| Item | Amount |
|---|---|
| REVENUE | $638M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $355M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $196M |
| Other Expenses | -$2M |
| Operating Expenses | $254M |
| Cost & Expenses | $538M |
| OPERATING INCOME | $101M |
| Interest Income | $17M |
| Interest Expense | $12M |
| Other Income/Expenses | -$2.9B |
| INCOME BEFORE TAX | -$2.8B |
| Income Tax Expense | -$621M |
| Net Income from Continuing Ops | -$2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.2B |
| D&A | $47M |
| EBIT | -$2.8B |
| EBITDA | -$2.7B |
| EPS | -$76 |
| EPS Diluted | -$76 |
| Item | Amount |
|---|---|
| Net Income | -$2.2B |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.9B |
| Change in Working Capital | -$680M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$248M |
| Sales/Maturities of Investments | $259M |
| Other Investing Activities | $66.0K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$118.0K |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $407M |
| Short-Term Investments | $1.2B |
| Net Receivables | $446M |
| Inventory | $804M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $715M |
| Goodwill | $412M |
| Intangible Assets | $307M |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $127M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $150M |
| TOTAL CURRENT LIABILITIES | $487M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $878M |
| Other Non-Current Liabilities | $194M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $475M |
| Retained Earnings | $7.5B |
| Treasury Stock | -$724M |
| Accum. Other Comp. Income | -$451M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $1.4B |
| Net Debt | $986M |
