| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | 3.7% | 11.8% |
| Op. Income | $389M | $364M | $354M | 6.8% | 10.1% |
| Gross Margin | 52.5% | 53.2% | 57.8% | -0.7pp | -5.3pp |
| Net Margin | 26.0% | 26.0% | 28.0% | 0.0pp | -2.0pp |
| EPS (Diluted) | $2.14 | $2.06 | $2.02 | 3.9% | 5.9% |
| Free Cash Flow | $386M | $259M | $382M | 49.0% | 1.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $545M |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $145M |
| SG&A Expenses | $145M |
| Other Expenses | $69M |
| Operating Expenses | $214M |
| Cost & Expenses | $759M |
| OPERATING INCOME | $389M |
| Interest Income | $1.1B |
| Interest Expense | $503M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $389M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $39M |
| EBIT | $389M |
| EBITDA | $429M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $545M |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $145M |
| SG&A Expenses | $145M |
| Other Expenses | $69M |
| Operating Expenses | $214M |
| Cost & Expenses | $759M |
| OPERATING INCOME | $389M |
| Interest Income | $1.1B |
| Interest Expense | $503M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $389M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $39M |
| EBIT | $389M |
| EBITDA | $429M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $388M |
| Other Investing Activities | -$580M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$206.0K |
| Common Stock Repurchased | -$95.0K |
| Common Dividends Paid | -$76M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $386M |
| Net Change in Cash | $494M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $10.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.1B |
| PP&E (Net) | $163M |
| Goodwill | $466M |
| Intangible Assets | $0 |
| Long-Term Investments | $56.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $59.4B |
| TOTAL ASSETS | $74.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61.7B |
| TOTAL CURRENT LIABILITIES | $61.8B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $66.8B |
| Common Stock | $170.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $7.1B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$437M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.7B |
| TOTAL LIABILITIES & EQUITY | $74.5B |
| Total Debt | $3.6B |
| Net Debt | -$1.3B |
