| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $765M | $740M | $740M | 3.4% | 3.4% |
| Op. Income | $196M | $161M | $184M | 21.8% | 6.7% |
| Gross Margin | 61.1% | 59.5% | 66.0% | 1.6pp | -4.8pp |
| Net Margin | 19.1% | 16.2% | 18.4% | 2.9pp | 0.7pp |
| EPS (Diluted) | $0.70 | $0.57 | $0.65 | 22.8% | 7.7% |
| Free Cash Flow | $60M | $144M | $354M | -58.6% | -83.2% |
| Item | Amount |
|---|---|
| REVENUE | $765M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $468M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $157M |
| SG&A Expenses | $160M |
| Other Expenses | $112M |
| Operating Expenses | $271M |
| Cost & Expenses | $569M |
| OPERATING INCOME | $196M |
| Interest Income | $696M |
| Interest Expense | $269M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $37M |
| EBIT | $196M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $765M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $468M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $157M |
| SG&A Expenses | $160M |
| Other Expenses | $112M |
| Operating Expenses | $271M |
| Cost & Expenses | $569M |
| OPERATING INCOME | $196M |
| Interest Income | $696M |
| Interest Expense | $269M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $37M |
| EBIT | $196M |
| EBITDA | $233M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | $183M |
| NET CASH FROM INVESTING | $323M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$20.0K |
| Common Dividends Paid | -$75M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$348M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $8.7B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.4B |
| PP&E (Net) | $444M |
| Goodwill | $1.0B |
| Intangible Assets | $615M |
| Long-Term Investments | $35.6B |
| Tax Assets | $286M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $39.5B |
| TOTAL ASSETS | $51.9B |
| Account Payables | $0 |
| Short-Term Debt | $184M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.5B |
| TOTAL CURRENT LIABILITIES | $41.7B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $745M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $46.6B |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$305M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$234M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $51.9B |
| Total Debt | $4.4B |
| Net Debt | $2.3B |
