| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $367M | $367M | $361M | -0.1% | 1.4% |
| Op. Income | $78M | $77M | $87M | 2.2% | -9.8% |
| Gross Margin | 64.2% | 64.6% | 69.4% | -0.4pp | -5.2pp |
| Net Margin | 16.4% | 15.9% | 18.5% | 0.4pp | -2.2pp |
| EPS (Diluted) | $0.58 | $0.57 | $0.65 | 1.8% | -10.8% |
| Free Cash Flow | $80M | $81M | $166M | -0.9% | -51.7% |
| Item | Amount |
|---|---|
| REVENUE | $367M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $235M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $90M |
| SG&A Expenses | $90M |
| Other Expenses | $67M |
| Operating Expenses | $157M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $78M |
| Interest Income | $324M |
| Interest Expense | $122M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $10M |
| EBIT | $78M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $367M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $235M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $90M |
| SG&A Expenses | $90M |
| Other Expenses | $67M |
| Operating Expenses | $157M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $78M |
| Interest Income | $324M |
| Interest Expense | $122M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $10M |
| EBIT | $78M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $226M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | $181M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $324M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $958M |
| Short-Term Investments | $5.6B |
| Net Receivables | $126M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $437M |
| Goodwill | $1.1B |
| Intangible Assets | $101M |
| Long-Term Investments | $20.8B |
| Tax Assets | $155M |
| Other Non-Current Assets | $986M |
| TOTAL NON-CURRENT ASSETS | $23.6B |
| TOTAL ASSETS | $30.3B |
| Account Payables | $469M |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.9B |
| TOTAL CURRENT LIABILITIES | $26.5B |
| Long-Term Debt | $547M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $552M |
| TOTAL LIABILITIES | $27.1B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$386M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $30.3B |
| Total Debt | $3.7B |
| Net Debt | $2.8B |
