| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $511M | $467M | $456M | 9.5% | 12.0% |
| Op. Income | $97M | $90M | $84M | 6.9% | 14.7% |
| Gross Margin | 38.5% | 36.5% | 36.6% | 2.0pp | 1.9pp |
| Net Margin | 13.9% | 14.4% | 13.8% | -0.5pp | 0.0pp |
| EPS (Diluted) | $1.04 | $0.99 | $0.90 | 5.1% | 15.6% |
| Free Cash Flow | $85M | $113M | $77M | -24.2% | 10.5% |
| Item | Amount |
|---|---|
| REVENUE | $511M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $51M |
| Operating Expenses | $100M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $7M |
| EBIT | $106M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $511M |
| Cost of Revenue | $314M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $49M |
| SG&A Expenses | $49M |
| Other Expenses | $51M |
| Operating Expenses | $100M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $7M |
| EBIT | $106M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $44M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $74.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$95.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556M |
| Short-Term Investments | $5M |
| Net Receivables | $360M |
| Inventory | $0 |
| Other Current Assets | $373.0K |
| TOTAL CURRENT ASSETS | $921M |
| PP&E (Net) | $487M |
| Goodwill | $1.1B |
| Intangible Assets | $200M |
| Long-Term Investments | $30M |
| Tax Assets | $103M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $716M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $69.0K |
| Additional Paid-In Capital | $702M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $420M |
| Net Debt | -$135M |
