| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239M | $211M | $243M | 13.5% | -1.3% |
| Op. Income | $38M | $14M | $65M | 170.7% | -41.0% |
| Gross Margin | 69.6% | 67.3% | 74.1% | 2.3pp | -4.5pp |
| Net Margin | 15.1% | 5.7% | 23.7% | 9.4pp | -8.6pp |
| EPS (Diluted) | $0.21 | $0.07 | $0.33 | 201.7% | -36.4% |
| Free Cash Flow | $23M | $10M | $25M | 142.7% | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $167M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $8M |
| EBIT | $38M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $167M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $8M |
| EBIT | $38M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$450.0K |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $990.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $112M |
| Net Receivables | $161M |
| Inventory | $157M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $681M |
| PP&E (Net) | $174M |
| Goodwill | $381M |
| Intangible Assets | $99M |
| Long-Term Investments | $266M |
| Tax Assets | $397M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $263M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $329M |
| TOTAL LIABILITIES | $497M |
| Common Stock | $343.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $515M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $74M |
| Net Debt | -$102M |
