| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $463M | $462M | $449M | 0.1% | 3.0% |
| Op. Income | $82M | $92M | $84M | -11.1% | -2.9% |
| Gross Margin | 73.8% | 83.0% | 83.2% | -9.2pp | -9.5pp |
| Net Margin | 17.4% | 16.7% | 18.0% | 0.7pp | -0.6pp |
| EPS (Diluted) | $0.30 | $0.28 | $0.28 | 5.1% | 5.1% |
| Free Cash Flow | $141M | $31M | $74M | 362.4% | 90.5% |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $341M |
| R&D Expenses | $17M |
| Selling & Marketing | $69M |
| General & Administrative | $15M |
| SG&A Expenses | $84M |
| Other Expenses | $158M |
| Operating Expenses | $260M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $0 |
| EBIT | $82M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $463M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $341M |
| R&D Expenses | $17M |
| Selling & Marketing | $69M |
| General & Administrative | $15M |
| SG&A Expenses | $84M |
| Other Expenses | $158M |
| Operating Expenses | $260M |
| Cost & Expenses | $381M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $0 |
| EBIT | $82M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $61M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $141M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$84M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$70M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $834M |
| Short-Term Investments | $355M |
| Net Receivables | $851M |
| Inventory | $0 |
| Other Current Assets | $259M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $98M |
| Goodwill | $7M |
| Intangible Assets | $20M |
| Long-Term Investments | $169M |
| Tax Assets | $318M |
| Other Non-Current Assets | $296M |
| TOTAL NON-CURRENT ASSETS | $909M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $799.0K |
| Deferred Revenue | $250M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $603M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $446M |
| TOTAL NON-CURRENT LIABILITIES | $504M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $844M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$228M |
| Accum. Other Comp. Income | $118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $53M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $5M |
| Net Debt | -$828M |
