| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $986M | $1.0B | 11.5% | 9.5% |
| Op. Income | $182M | $134M | $167M | 35.7% | 9.1% |
| Gross Margin | 26.9% | 25.1% | 27.3% | 1.8pp | -0.4pp |
| Net Margin | 13.8% | 8.4% | 10.4% | 5.4pp | 3.4pp |
| EPS (Diluted) | $3.21 | $1.73 | $2.05 | 85.5% | 56.6% |
| Free Cash Flow | $421M | $149M | $260M | 183.0% | 62.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $804M |
| GROSS PROFIT | $296M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $33M |
| Operating Expenses | $114M |
| Cost & Expenses | $917M |
| OPERATING INCOME | $182M |
| Interest Income | $7M |
| Interest Expense | $24M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $33M |
| EBIT | $182M |
| EBITDA | $215M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $804M |
| GROSS PROFIT | $296M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $33M |
| Operating Expenses | $114M |
| Cost & Expenses | $917M |
| OPERATING INCOME | $182M |
| Interest Income | $7M |
| Interest Expense | $24M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $33M |
| EBIT | $182M |
| EBITDA | $215M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | $264M |
| OPERATING CASH FLOW | $440M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $421M |
| Net Change in Cash | $387M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $0 |
| Net Receivables | $273M |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $483M |
| Goodwill | $913M |
| Intangible Assets | $206M |
| Long-Term Investments | $84M |
| Tax Assets | $78M |
| Other Non-Current Assets | $139M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $266M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $58M |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $78M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$172M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $300.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.4B |
| Net Debt | $94M |
