| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $379M | $358M | 4.9% | 11.0% |
| Op. Income | $43M | $5M | $14M | 828.3% | 214.0% |
| Gross Margin | 31.0% | 24.0% | 22.3% | 7.1pp | 8.7pp |
| Net Margin | 8.6% | 1.0% | 3.3% | 7.6pp | 5.4pp |
| EPS (Diluted) | $0.83 | $0.09 | $0.28 | 822.2% | 196.4% |
| Free Cash Flow | $144M | $40M | $45M | 258.0% | 217.7% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $6M |
| EBIT | $51M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $6M |
| EBIT | $51M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $108M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$242M |
| Sales/Maturities of Investments | $209M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $462M |
| Net Receivables | $439M |
| Inventory | $0 |
| Other Current Assets | -$940M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $54M |
| Intangible Assets | $159M |
| Long-Term Investments | $6.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $547M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$547M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $518M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$533M |
| Accum. Other Comp. Income | -$223M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $547M |
| Net Debt | $507M |
