| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $879M | $923M | $807M | -4.7% | 9.0% |
| Op. Income | $173M | $211M | $168M | -17.9% | 3.3% |
| Gross Margin | 57.5% | 58.4% | 59.9% | -1.0pp | -2.5pp |
| Net Margin | 15.9% | 17.7% | 16.7% | -1.8pp | -0.8pp |
| EPS (Diluted) | $2.18 | $2.54 | $2.04 | -14.2% | 6.9% |
| Free Cash Flow | $210M | $417M | $1.1B | -49.8% | -80.2% |
| Item | Amount |
|---|---|
| REVENUE | $879M |
| Cost of Revenue | $374M |
| GROSS PROFIT | $505M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $214M |
| SG&A Expenses | $221M |
| Other Expenses | $111M |
| Operating Expenses | $332M |
| Cost & Expenses | $706M |
| OPERATING INCOME | $173M |
| Interest Income | $680M |
| Interest Expense | $372M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $26M |
| EBIT | $173M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $879M |
| Cost of Revenue | $374M |
| GROSS PROFIT | $505M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $214M |
| SG&A Expenses | $221M |
| Other Expenses | $111M |
| Operating Expenses | $332M |
| Cost & Expenses | $706M |
| OPERATING INCOME | $173M |
| Interest Income | $680M |
| Interest Expense | $372M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $26M |
| EBIT | $173M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $247M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$577M |
| Sales/Maturities of Investments | $735M |
| Other Investing Activities | $622M |
| NET CASH FROM INVESTING | $781M |
| Net Debt Issuance | -$1.9B |
| Common Stock Repurchased | -$70.0K |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | -$628M |
| FREE CASH FLOW | $210M |
| Net Change in Cash | $400M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $13.0B |
| Net Receivables | $398M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.9B |
| PP&E (Net) | $633M |
| Goodwill | $1.0B |
| Intangible Assets | $367M |
| Long-Term Investments | $26.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $35.2B |
| TOTAL ASSETS | $50.1B |
| Account Payables | $340M |
| Short-Term Debt | $760M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.2B |
| TOTAL CURRENT LIABILITIES | $38.3B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $44.5B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $5.5B |
| Treasury Stock | -$970M |
| Accum. Other Comp. Income | -$335M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $3M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $50.1B |
| Total Debt | $5.6B |
| Net Debt | $4.1B |
