| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $301M | $304M | $272M | -0.8% | 10.7% |
| Op. Income | $54M | $36M | $68M | 49.0% | -19.9% |
| Gross Margin | 63.2% | 60.1% | 71.3% | 3.1pp | -8.1pp |
| Net Margin | 14.8% | 10.7% | 20.2% | 4.1pp | -5.4pp |
| EPS (Diluted) | $0.39 | $0.29 | $0.50 | 34.5% | -22.0% |
| Free Cash Flow | $51M | -$63M | $109M | 180.8% | -53.1% |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $91M |
| SG&A Expenses | $96M |
| Other Expenses | $40M |
| Operating Expenses | $136M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $54M |
| Interest Income | $274M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $10M |
| EBIT | $54M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $190M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $91M |
| SG&A Expenses | $96M |
| Other Expenses | $40M |
| Operating Expenses | $136M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $54M |
| Interest Income | $274M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $10M |
| EBIT | $54M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $298M |
| Other Investing Activities | -$138M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $209M |
| Common Stock Repurchased | -$85.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$236M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $801M |
| Short-Term Investments | $4.5B |
| Net Receivables | $102M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $452M |
| Goodwill | $1.0B |
| Intangible Assets | $43M |
| Long-Term Investments | $20.2B |
| Tax Assets | $156M |
| Other Non-Current Assets | $516M |
| TOTAL NON-CURRENT ASSETS | $22.4B |
| TOTAL ASSETS | $27.8B |
| Account Payables | $31M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.1B |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $334M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $24.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$355M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $27.8B |
| Total Debt | $4.2B |
| Net Debt | $3.4B |
