| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $300M | $295M | 0.5% | 2.2% |
| Op. Income | $96M | $101M | $109M | -4.9% | -11.6% |
| Gross Margin | 70.8% | 72.0% | 74.9% | -1.2pp | -4.1pp |
| Net Margin | 24.4% | 25.3% | 27.8% | -0.8pp | -3.3pp |
| EPS (Diluted) | $0.45 | $0.46 | $0.46 | -2.2% | -2.2% |
| Free Cash Flow | $115M | $69M | $114M | 66.3% | 1.7% |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $61M |
| SG&A Expenses | $65M |
| Other Expenses | $52M |
| Operating Expenses | $117M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $96M |
| Interest Income | $275M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $6M |
| EBIT | $96M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $61M |
| SG&A Expenses | $65M |
| Other Expenses | $52M |
| Operating Expenses | $117M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $96M |
| Interest Income | $275M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $6M |
| EBIT | $96M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $258M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | $202M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | -$770.0K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$146M |
| NET CASH FROM FINANCING | -$221M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $685M |
| Short-Term Investments | $4.9B |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $136M |
| Goodwill | $39M |
| Intangible Assets | $8M |
| Long-Term Investments | $12.6B |
| Tax Assets | $137M |
| Other Non-Current Assets | $305M |
| TOTAL NON-CURRENT ASSETS | $13.2B |
| TOTAL ASSETS | $18.9B |
| Account Payables | $0 |
| Short-Term Debt | $210M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $402M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199M |
| TOTAL NON-CURRENT LIABILITIES | $601M |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $22M |
| Additional Paid-In Capital | $963M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$790M |
| Accum. Other Comp. Income | -$284M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $18.9B |
| Total Debt | $612M |
| Net Debt | -$73M |
