| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $314M | $289M | -3.6% | 4.9% |
| Op. Income | $65M | $75M | $78M | -13.3% | -17.2% |
| Gross Margin | 63.0% | 63.1% | 69.4% | -0.2pp | -6.5pp |
| Net Margin | 17.3% | 19.4% | 21.8% | -2.0pp | -4.5pp |
| EPS (Diluted) | $0.55 | $0.64 | $0.66 | -14.1% | -16.7% |
| Free Cash Flow | $84M | $65M | $86M | 30.4% | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $90M |
| SG&A Expenses | $92M |
| Other Expenses | $34M |
| Operating Expenses | $126M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $65M |
| Interest Income | $257M |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $8M |
| EBIT | $65M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $90M |
| SG&A Expenses | $92M |
| Other Expenses | $34M |
| Operating Expenses | $126M |
| Cost & Expenses | $238M |
| OPERATING INCOME | $65M |
| Interest Income | $257M |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $8M |
| EBIT | $65M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$276M |
| Sales/Maturities of Investments | $280M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$362M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $286M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $851M |
| Short-Term Investments | $3.2B |
| Net Receivables | $572M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $398M |
| Goodwill | $1.0B |
| Intangible Assets | $82M |
| Long-Term Investments | $11.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $0 |
| Short-Term Debt | $812M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.9B |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $343M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $592M |
| TOTAL NON-CURRENT LIABILITIES | $936M |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | -$191M |
| Accum. Other Comp. Income | -$232M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $1.2B |
| Net Debt | $305M |
