| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $822M | $269M | $898M | 205.5% | -8.4% |
| Op. Income | $91M | -$38M | $115M | 342.8% | -20.7% |
| Gross Margin | 43.3% | 37.9% | 41.0% | 5.4pp | 2.3pp |
| Net Margin | 7.7% | -11.6% | 9.2% | 19.3pp | -1.5pp |
| EPS (Diluted) | $0.97 | $-0.48 | $1.28 | 302.1% | -24.2% |
| Free Cash Flow | $346M | -$151M | $327M | 329.2% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $822M |
| Cost of Revenue | $466M |
| GROSS PROFIT | $356M |
| R&D Expenses | $15M |
| Selling & Marketing | $189M |
| General & Administrative | $27M |
| SG&A Expenses | $216M |
| Other Expenses | $34M |
| Operating Expenses | $264M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $14M |
| EBIT | $94M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $822M |
| Cost of Revenue | $466M |
| GROSS PROFIT | $356M |
| R&D Expenses | $15M |
| Selling & Marketing | $189M |
| General & Administrative | $27M |
| SG&A Expenses | $216M |
| Other Expenses | $34M |
| Operating Expenses | $264M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $14M |
| EBIT | $94M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $264M |
| OPERATING CASH FLOW | $357M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $44.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $346M |
| Net Change in Cash | $304M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $161M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $544M |
| PP&E (Net) | $345M |
| Goodwill | $154M |
| Intangible Assets | $118M |
| Long-Term Investments | $3M |
| Tax Assets | -$3M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $647M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $92M |
| Short-Term Debt | $10M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $342M |
| Long-Term Debt | $182M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $346M |
| TOTAL LIABILITIES | $688M |
| Common Stock | $911.0K |
| Additional Paid-In Capital | $393M |
| Retained Earnings | $303M |
| Treasury Stock | -$193M |
| Accum. Other Comp. Income | -$170.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $503M |
| Minority Interest | $0 |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $318M |
| Net Debt | $6M |
