| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $738M | $693M | $574M | 6.5% | 28.6% |
| Op. Income | $123M | $110M | $78M | 11.8% | 56.8% |
| Gross Margin | 99.4% | 99.4% | 99.3% | 0.0pp | 0.2pp |
| Net Margin | 10.6% | 10.6% | 9.1% | -0.0pp | 1.5pp |
| EPS (Diluted) | $1.86 | $1.81 | $1.30 | 2.8% | 43.1% |
| Free Cash Flow | $227M | $341M | $242M | -33.5% | -6.2% |
| Item | Amount |
|---|---|
| REVENUE | $738M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $734M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $488M |
| SG&A Expenses | $488M |
| Other Expenses | $123M |
| Operating Expenses | $611M |
| Cost & Expenses | $615M |
| OPERATING INCOME | $123M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | -$664.0K |
| EBIT | $123M |
| EBITDA | $122M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $738M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $734M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $488M |
| SG&A Expenses | $488M |
| Other Expenses | $123M |
| Operating Expenses | $611M |
| Cost & Expenses | $615M |
| OPERATING INCOME | $123M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | -$664.0K |
| EBIT | $123M |
| EBITDA | $122M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $144M |
| Deferred Income Tax | -$593.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $235M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$943M |
| Sales/Maturities of Investments | $746M |
| Other Investing Activities | -$85.0K |
| NET CASH FROM INVESTING | -$205M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $227M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $631M |
| Short-Term Investments | $584M |
| Net Receivables | $448M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $506M |
| Goodwill | $128M |
| Intangible Assets | $0 |
| Long-Term Investments | $624M |
| Tax Assets | $277M |
| Other Non-Current Assets | $371M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $36M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $338M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $902M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $846.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $223M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $850M |
| Net Debt | $219M |
