| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $295M | $288M | $278M | 2.3% | 6.1% |
| Op. Income | $76M | $81M | $76M | -5.3% | 0.1% |
| Gross Margin | 65.8% | 67.4% | 67.5% | -1.6pp | -1.7pp |
| Net Margin | 20.9% | 21.5% | 21.0% | -0.6pp | -0.1pp |
| EPS (Diluted) | $0.48 | $0.48 | $0.46 | 0.0% | 4.3% |
| Free Cash Flow | $52M | $72M | $22M | -27.5% | 136.7% |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $60M |
| SG&A Expenses | $61M |
| Other Expenses | $56M |
| Operating Expenses | $117M |
| Cost & Expenses | $218M |
| OPERATING INCOME | $76M |
| Interest Income | $250M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $15M |
| 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 | $10M |
| EBIT | $76M |
| EBITDA | $86M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $60M |
| SG&A Expenses | $61M |
| Other Expenses | $56M |
| Operating Expenses | $117M |
| Cost & Expenses | $218M |
| OPERATING INCOME | $76M |
| Interest Income | $250M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $15M |
| 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 | $10M |
| EBIT | $76M |
| EBITDA | $86M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | $113M |
| NET CASH FROM INVESTING | $273M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$91M |
| NET CASH FROM FINANCING | -$374M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $2.1B |
| Net Receivables | $512M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $287M |
| Goodwill | $995M |
| Intangible Assets | $5M |
| Long-Term Investments | $17.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $23.8B |
| Account Payables | $0 |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.2B |
| TOTAL CURRENT LIABILITIES | $20.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $655M |
| TOTAL NON-CURRENT LIABILITIES | $655M |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $915M |
| Treasury Stock | -$374M |
| Accum. Other Comp. Income | -$453M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $23.8B |
| Total Debt | $250M |
| Net Debt | -$823M |
