| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $339M | $323M | 2.1% | 7.1% |
| Op. Income | $73M | $80M | $103M | -9.3% | -29.3% |
| Gross Margin | 49.7% | 51.1% | 60.5% | -1.4pp | -10.8pp |
| Net Margin | 19.3% | 21.1% | 28.8% | -1.8pp | -9.5pp |
| EPS (Diluted) | $0.92 | $0.98 | $1.28 | -6.1% | -28.1% |
| Free Cash Flow | $72M | $87M | $90M | -17.0% | -19.6% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $44M |
| SG&A Expenses | $46M |
| Other Expenses | $54M |
| Operating Expenses | $99M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $73M |
| Interest Income | $333M |
| Interest Expense | $168M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $4M |
| EBIT | $73M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $44M |
| SG&A Expenses | $46M |
| Other Expenses | $54M |
| Operating Expenses | $99M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $73M |
| Interest Income | $333M |
| Interest Expense | $168M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $4M |
| EBIT | $73M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$533.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$196M |
| Sales/Maturities of Investments | $186M |
| Other Investing Activities | $93M |
| NET CASH FROM INVESTING | $82M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$77M |
| NET CASH FROM FINANCING | -$226M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $2.6B |
| Net Receivables | $99M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $122M |
| Goodwill | $376M |
| Intangible Assets | $4M |
| Long-Term Investments | $19.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $346M |
| TOTAL NON-CURRENT ASSETS | $20.4B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.8B |
| TOTAL CURRENT LIABILITIES | $19.8B |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $332M |
| TOTAL NON-CURRENT LIABILITIES | $669M |
| TOTAL LIABILITIES | $20.4B |
| Common Stock | $916.0K |
| Additional Paid-In Capital | $989M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$693M |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $337M |
| Net Debt | $177M |
