| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $365M | — | $376M | — | -3.0% |
| Op. Income | $106M | — | $109M | — | -2.5% |
| Gross Margin | 89.4% | — | 89.1% | — | 0.3pp |
| Net Margin | 26.8% | — | 25.5% | — | 1.4pp |
| EPS (Diluted) | $1.01 | — | $0.98 | — | 3.1% |
| Free Cash Flow | $172M | — | $97M | — | 77.8% |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $326M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $219M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $106M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $21M |
| EBIT | $122M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $326M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $0 |
| Operating Expenses | $219M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $106M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $21M |
| EBIT | $122M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$970.0K |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $722.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $824M |
| Short-Term Investments | $116M |
| Net Receivables | $525M |
| Inventory | $36M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $525M |
| Goodwill | $409M |
| Intangible Assets | $152M |
| Long-Term Investments | $128M |
| Tax Assets | $208M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $20M |
| Short-Term Debt | $14M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $283M |
| TOTAL CURRENT LIABILITIES | $443M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $607M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $17M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $52M |
| Net Debt | -$772M |
