| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $251M | $241M | 1.2% | 5.2% |
| Op. Income | $45M | $48M | $61M | -6.3% | -25.8% |
| Gross Margin | 60.2% | 60.8% | 67.7% | -0.6pp | -7.5pp |
| Net Margin | 13.4% | 14.5% | 19.1% | -1.1pp | -5.7pp |
| EPS (Diluted) | $0.81 | $0.87 | $1.12 | -6.9% | -27.7% |
| Free Cash Flow | $41M | $52M | $9M | -22.4% | 363.7% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $64M |
| SG&A Expenses | $66M |
| Other Expenses | $42M |
| Operating Expenses | $108M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $45M |
| Interest Income | $214M |
| Interest Expense | $99M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $8M |
| EBIT | $45M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $64M |
| SG&A Expenses | $66M |
| Other Expenses | $42M |
| Operating Expenses | $108M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $45M |
| Interest Income | $214M |
| Interest Expense | $99M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $8M |
| EBIT | $45M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$391.0K |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | $176M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$107M |
| NET CASH FROM FINANCING | -$188M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $1.4B |
| Net Receivables | $143M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $277M |
| Goodwill | $32M |
| Intangible Assets | $20M |
| Long-Term Investments | $19.7B |
| Tax Assets | $182M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $23.3B |
| Account Payables | $37M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.4B |
| TOTAL CURRENT LIABILITIES | $20.5B |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $488M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $21.7B |
| Common Stock | $585.0K |
| Additional Paid-In Capital | $640M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$374M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $23.3B |
| Total Debt | $754M |
| Net Debt | $453M |
