| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.2B | — | 1.8% |
| Op. Income | $156M | — | $182M | — | -14.6% |
| Gross Margin | 35.6% | — | 35.0% | — | 0.7pp |
| Net Margin | 9.5% | — | 12.2% | — | -2.7pp |
| EPS (Diluted) | $1.01 | — | $1.23 | — | -17.9% |
| Free Cash Flow | $113M | — | $259M | — | -56.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $802M |
| GROSS PROFIT | $444M |
| R&D Expenses | $91M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $49M |
| Operating Expenses | $288M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | -$7.0K |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $52M |
| EBIT | $156M |
| EBITDA | $208M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $802M |
| GROSS PROFIT | $444M |
| R&D Expenses | $91M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $49M |
| Operating Expenses | $288M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $156M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $144M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | -$7.0K |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $52M |
| EBIT | $156M |
| EBITDA | $208M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $343M |
| Short-Term Investments | $201M |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $223M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $929M |
| Goodwill | $2.8B |
| Intangible Assets | $189M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $645M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $312M |
| Short-Term Debt | $0 |
| Deferred Revenue | $127M |
| Other Current Liabilities | $397M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $646M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $203M |
| Other Non-Current Liabilities | $481M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $43M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $803M |
| Net Debt | $460M |
