| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $688M | $661M | $622M | 4.0% | 10.5% |
| Op. Income | $7M | -$5M | -$41M | 242.2% | 116.1% |
| Gross Margin | 78.8% | 79.4% | 78.0% | -0.5pp | 0.8pp |
| Net Margin | 1.1% | 0.1% | -7.2% | 1.0pp | 8.3pp |
| EPS (Diluted) | $0.04 | $0.00 | $-0.22 | 830.2% | 118.2% |
| Free Cash Flow | $184M | $215M | $105M | -14.4% | 74.1% |
| Item | Amount |
|---|---|
| REVENUE | $688M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $542M |
| R&D Expenses | $136M |
| Selling & Marketing | $243M |
| General & Administrative | $155M |
| SG&A Expenses | $399M |
| Other Expenses | $811.0K |
| Operating Expenses | $535M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $7M |
| Interest Income | $17M |
| Interest Expense | $2M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $25M |
| EBIT | $24M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $688M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $542M |
| R&D Expenses | $136M |
| Selling & Marketing | $243M |
| General & Administrative | $155M |
| SG&A Expenses | $399M |
| Other Expenses | $811.0K |
| Operating Expenses | $535M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $7M |
| Interest Income | $17M |
| Interest Expense | $2M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $25M |
| EBIT | $24M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $152M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $211M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $184M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $426M |
| Net Receivables | $431M |
| Inventory | $0 |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $352M |
| Goodwill | $353M |
| Intangible Assets | $60M |
| Long-Term Investments | $85M |
| Tax Assets | $0 |
| Other Non-Current Assets | $460M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $6M |
| Short-Term Debt | $725M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.7B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $848M |
| Minority Interest | $0 |
| TOTAL EQUITY | $848M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $879M |
| Net Debt | -$139M |
