| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $287M | $277M | 9.4% | 13.4% |
| Op. Income | $75M | $62M | $81M | 21.2% | -7.8% |
| Gross Margin | 63.1% | 64.1% | 72.8% | -1.0pp | -9.7pp |
| Net Margin | 19.4% | 17.6% | 23.7% | 1.7pp | -4.3pp |
| EPS (Diluted) | $0.64 | $0.53 | $0.69 | 20.8% | -7.2% |
| Free Cash Flow | $65M | $25M | $99M | 161.1% | -34.8% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $88M |
| SG&A Expenses | $91M |
| Other Expenses | $33M |
| Operating Expenses | $124M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $75M |
| Interest Income | $253M |
| Interest Expense | $99M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $8M |
| EBIT | $75M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $88M |
| SG&A Expenses | $91M |
| Other Expenses | $33M |
| Operating Expenses | $124M |
| Cost & Expenses | $239M |
| OPERATING INCOME | $75M |
| Interest Income | $253M |
| Interest Expense | $99M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $8M |
| EBIT | $75M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$369M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | -$313M |
| NET CASH FROM INVESTING | -$568M |
| Net Debt Issuance | $312M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $205M |
| NET CASH FROM FINANCING | $495M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $932M |
| Short-Term Investments | $3.0B |
| Net Receivables | $521M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $365M |
| Goodwill | $1.0B |
| Intangible Assets | $84M |
| Long-Term Investments | $11.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.7B |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $337M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $660M |
| TOTAL NON-CURRENT LIABILITIES | $999M |
| TOTAL LIABILITIES | $15.8B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | -$191M |
| Accum. Other Comp. Income | -$323M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $1.5B |
| Net Debt | $585M |
