| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $292M | $314M | 4.2% | -3.3% |
| Op. Income | $44M | -$20M | $63M | 317.5% | -31.1% |
| Gross Margin | 84.4% | 84.3% | 85.7% | 0.2pp | -1.3pp |
| Net Margin | 7.8% | -8.4% | 9.6% | 16.2pp | -1.8pp |
| EPS (Diluted) | $0.07 | $-0.07 | $0.08 | 200.3% | -16.1% |
| Free Cash Flow | -$3M | $115M | $76M | -102.4% | -103.7% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $256M |
| R&D Expenses | $48M |
| Selling & Marketing | $99M |
| General & Administrative | $61M |
| SG&A Expenses | $160M |
| Other Expenses | $5M |
| Operating Expenses | $213M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $22M |
| EBIT | $45M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $256M |
| R&D Expenses | $48M |
| Selling & Marketing | $99M |
| General & Administrative | $61M |
| SG&A Expenses | $160M |
| Other Expenses | $5M |
| Operating Expenses | $213M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $22M |
| EBIT | $45M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$243M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$249M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$238M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $169M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $208M |
| Goodwill | $1.7B |
| Intangible Assets | $291M |
| Long-Term Investments | $13M |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $21M |
| Short-Term Debt | $6M |
| Deferred Revenue | $417M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $624M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $298M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
