| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $870M | $754M | 38.8% | 60.1% |
| Op. Income | $113M | $21M | $66M | 431.5% | 70.6% |
| Gross Margin | 46.6% | 51.4% | 51.0% | -4.8pp | -4.4pp |
| Net Margin | 7.2% | 3.5% | 10.8% | 3.8pp | -3.6pp |
| EPS (Diluted) | $0.52 | $0.18 | $0.49 | 188.9% | 6.1% |
| Free Cash Flow | $29M | $301M | $500M | -90.2% | -94.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $645M |
| GROSS PROFIT | $563M |
| R&D Expenses | $0 |
| Selling & Marketing | $161M |
| General & Administrative | $288M |
| SG&A Expenses | $449M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $31M |
| EBIT | $113M |
| EBITDA | $144M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $645M |
| GROSS PROFIT | $563M |
| R&D Expenses | $0 |
| Selling & Marketing | $161M |
| General & Administrative | $288M |
| SG&A Expenses | $449M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $31M |
| EBIT | $113M |
| EBITDA | $144M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $91M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $2.6B |
| Net Receivables | $40M |
| Inventory | $97M |
| Other Current Assets | $150M |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $1.0B |
| Goodwill | $104M |
| Intangible Assets | $23M |
| Long-Term Investments | $637M |
| Tax Assets | $64M |
| Other Non-Current Assets | $212M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $138M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $412M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $276M |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $564M |
| Net Debt | -$1.4B |
