| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $266M | $261M | $262M | 1.8% | 1.8% |
| Op. Income | $117M | $118M | $172M | -0.5% | -31.9% |
| Gross Margin | 68.8% | 51.1% | 71.4% | 17.7pp | -2.6pp |
| Net Margin | 35.3% | 36.2% | 37.4% | -0.9pp | -2.1pp |
| EPS (Diluted) | $0.41 | $0.42 | $0.43 | -2.4% | -4.7% |
| Free Cash Flow | $171M | $150M | $162M | 13.8% | 5.2% |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $51M |
| Operating Expenses | $66M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $51M |
| EBIT | $118M |
| EBITDA | $168M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $51M |
| Operating Expenses | $66M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $51M |
| EBIT | $118M |
| EBITDA | $168M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $769.0K |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$5.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$39.0K |
| Common Dividends Paid | -$115M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | -$343.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $117M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $94M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.9B |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $230M |
| Short-Term Debt | $11M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $397M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$371.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $77M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
