| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $700M | $688M | $645M | 1.9% | 8.5% |
| Op. Income | $20M | $7M | -$27M | 198.5% | 172.0% |
| Gross Margin | 79.6% | 78.8% | 79.9% | 0.8pp | -0.3pp |
| Net Margin | 5.5% | 1.1% | -4.6% | 4.5pp | 10.2pp |
| EPS (Diluted) | $0.19 | $0.04 | $-0.15 | 375.0% | 226.7% |
| Free Cash Flow | $240M | $184M | $36M | 30.9% | 566.5% |
| Item | Amount |
|---|---|
| REVENUE | $700M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $558M |
| R&D Expenses | $137M |
| Selling & Marketing | $292M |
| General & Administrative | $108M |
| SG&A Expenses | $401M |
| Other Expenses | $710.0K |
| Operating Expenses | $538M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $20M |
| Interest Income | $18M |
| Interest Expense | $2M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $23M |
| EBIT | $37M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $700M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $558M |
| R&D Expenses | $137M |
| Selling & Marketing | $292M |
| General & Administrative | $108M |
| SG&A Expenses | $401M |
| Other Expenses | $710.0K |
| Operating Expenses | $538M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $20M |
| Interest Income | $18M |
| Interest Expense | $2M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $23M |
| EBIT | $37M |
| EBITDA | $61M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $159M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $240M |
| Net Change in Cash | $171M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $402M |
| Net Receivables | $380M |
| Inventory | $0 |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $357M |
| Goodwill | $351M |
| Intangible Assets | $56M |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $475M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $15M |
| Short-Term Debt | $689M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | -$1.7B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $965M |
| Minority Interest | $0 |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $835M |
| Net Debt | -$353M |
