| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $690M | $628M | $551M | 9.8% | 25.1% |
| Op. Income | $154M | $145M | $104M | 6.0% | 48.2% |
| Gross Margin | 46.9% | 47.6% | 49.1% | -0.7pp | -2.3pp |
| Net Margin | 6.3% | 8.6% | 7.5% | -2.3pp | -1.2pp |
| EPS (Diluted) | $1.57 | $1.93 | $1.29 | -18.7% | 21.7% |
| Free Cash Flow | $388M | $350M | $258M | 10.8% | 50.0% |
| Item | Amount |
|---|---|
| REVENUE | $690M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $323M |
| R&D Expenses | $0 |
| Selling & Marketing | $141M |
| General & Administrative | $39M |
| SG&A Expenses | $180M |
| Other Expenses | -$10M |
| Operating Expenses | $170M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $154M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $10M |
| EBIT | $77M |
| EBITDA | $87M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $690M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $323M |
| R&D Expenses | $0 |
| Selling & Marketing | $141M |
| General & Administrative | $39M |
| SG&A Expenses | $180M |
| Other Expenses | -$10M |
| Operating Expenses | $170M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $154M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$98M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $10M |
| EBIT | $77M |
| EBITDA | $87M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $102M |
| Other Non-Cash Items | $314M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $399M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$471M |
| NET CASH FROM INVESTING | -$482M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $388M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $4.3B |
| Inventory | $0 |
| Other Current Assets | $187M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $131M |
| Goodwill | $279M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $452M |
| TOTAL ASSETS | $5.0B |
| Account Payables | $260M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $260M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $217M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $318M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$764M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $3.3B |
| Net Debt | $3.3B |
