| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $544M | $531M | $473M | 2.3% | 15.0% |
| Op. Income | $100M | -$39M | $0 | 359.2% | — |
| Gross Margin | 61.9% | 62.2% | 67.5% | -0.3pp | -5.6pp |
| Net Margin | 14.5% | -8.9% | 15.0% | 23.4pp | -0.5pp |
| EPS (Diluted) | $6.35 | $-3.83 | $5.43 | 265.8% | 16.9% |
| Free Cash Flow | $317M | $204M | $314M | 55.8% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $29M |
| SG&A Expenses | $52M |
| Other Expenses | $185M |
| Operating Expenses | $237M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $100M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $7M |
| EBIT | $100M |
| EBITDA | $107M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $544M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $29M |
| SG&A Expenses | $52M |
| Other Expenses | $185M |
| Operating Expenses | $237M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $100M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $7M |
| EBIT | $100M |
| EBITDA | $107M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $185M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$400.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$426M |
| NET CASH FROM INVESTING | -$424M |
| Net Debt Issuance | $303M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $305M |
| FREE CASH FLOW | $317M |
| Net Change in Cash | $199M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $8.3B |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $8.7B |
| Account Payables | $364M |
| Short-Term Debt | $72M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$72M |
| TOTAL CURRENT LIABILITIES | $365M |
| Long-Term Debt | $6.2B |
| Deferred Revenue NC | $81M |
| Deferred Tax Liabilities | $423M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $325M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $900.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $6.2B |
| Net Debt | $6.1B |
