| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $288M | $288M | $269M | 0.1% | 7.1% |
| Op. Income | $81M | $71M | $81M | 14.2% | -0.8% |
| Gross Margin | 67.4% | 66.4% | 72.4% | 1.0pp | -5.0pp |
| Net Margin | 21.5% | 18.8% | 23.2% | 2.7pp | -1.7pp |
| EPS (Diluted) | $0.48 | $0.42 | $0.49 | 14.3% | -2.0% |
| Free Cash Flow | $72M | $62M | $102M | 17.2% | -29.5% |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $58M |
| SG&A Expenses | $60M |
| Other Expenses | $54M |
| Operating Expenses | $113M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $81M |
| Interest Income | $245M |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $9M |
| EBIT | $81M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $58M |
| SG&A Expenses | $60M |
| Other Expenses | $54M |
| Operating Expenses | $113M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $81M |
| Interest Income | $245M |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $9M |
| EBIT | $81M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $168M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $146M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$86.0K |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$351M |
| NET CASH FROM FINANCING | -$384M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.1B |
| Net Receivables | $505M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $284M |
| Goodwill | $995M |
| Intangible Assets | $5M |
| Long-Term Investments | $17.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.3B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $0 |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.3B |
| TOTAL CURRENT LIABILITIES | $20.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $623M |
| TOTAL NON-CURRENT LIABILITIES | $623M |
| TOTAL LIABILITIES | $21.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $887M |
| Treasury Stock | -$374M |
| Accum. Other Comp. Income | -$519M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $500M |
| Net Debt | -$615M |
