| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $200M | $183M | 0.8% | 10.0% |
| Op. Income | $57M | $51M | $63M | 13.0% | -8.8% |
| Gross Margin | 62.3% | 62.1% | 70.7% | 0.2pp | -8.5pp |
| Net Margin | 22.6% | 20.2% | 26.9% | 2.4pp | -4.3pp |
| EPS (Diluted) | $1.19 | $1.05 | $1.29 | 13.3% | -7.8% |
| Free Cash Flow | $75M | $27M | $70M | 177.4% | 7.2% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $20M |
| Operating Expenses | $68M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $57M |
| Interest Income | $211M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $3M |
| EBIT | $57M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $20M |
| Operating Expenses | $68M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $57M |
| Interest Income | $211M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $3M |
| EBIT | $57M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$701.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$88M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | -$69.0K |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $23.0K |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $45M |
| Goodwill | $365M |
| Intangible Assets | $10M |
| Long-Term Investments | $11.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $479M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.3B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $413M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $578M |
| TOTAL LIABILITIES | $12.9B |
| Common Stock | $373.0K |
| Additional Paid-In Capital | $994M |
| Retained Earnings | $811M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $413M |
| Net Debt | $18M |
