| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $562M | $553M | $536M | 1.7% | 4.9% |
| Op. Income | $128M | $202M | $116M | -36.8% | 10.1% |
| Gross Margin | 54.1% | 55.3% | 50.8% | -1.2pp | 3.3pp |
| Net Margin | 15.9% | 28.6% | 12.2% | -12.7pp | 3.8pp |
| EPS (Diluted) | $2.32 | $4.09 | $1.68 | -43.3% | 38.1% |
| Free Cash Flow | $137M | $217M | $156M | -36.7% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $562M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $304M |
| R&D Expenses | $266M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | -$263M |
| Operating Expenses | $176M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $128M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $42M |
| EBIT | $133M |
| EBITDA | $174M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $562M |
| Cost of Revenue | $258M |
| GROSS PROFIT | $304M |
| R&D Expenses | $266M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | -$263M |
| Operating Expenses | $176M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $128M |
| Interest Income | $4M |
| Interest Expense | $16M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $42M |
| EBIT | $133M |
| EBITDA | $174M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$63M |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$158M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423M |
| Short-Term Investments | $70M |
| Net Receivables | $228M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $836M |
| PP&E (Net) | $213M |
| Goodwill | $1.0B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $61M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $178M |
| Short-Term Debt | $125M |
| Deferred Revenue | $160M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $667M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $426.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.6B |
| Net Debt | $1.2B |
