| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $984M | -0.6% | 2.7% |
| Op. Income | $244M | $243M | $1M | 0.3% | 17328.6% |
| Gross Margin | 55.4% | 55.3% | 37.3% | 0.1pp | 18.1pp |
| Net Margin | 19.2% | 16.7% | -4.1% | 2.5pp | 23.3pp |
| EPS (Diluted) | $0.82 | $0.72 | $-0.16 | 13.9% | 612.5% |
| Free Cash Flow | $372M | $264M | $296M | 40.7% | 25.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $451M |
| GROSS PROFIT | $560M |
| R&D Expenses | $64M |
| Selling & Marketing | $146M |
| General & Administrative | $94M |
| SG&A Expenses | $240M |
| Other Expenses | $12M |
| Operating Expenses | $316M |
| Cost & Expenses | $767M |
| OPERATING INCOME | $244M |
| Interest Income | $28M |
| Interest Expense | $32M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $195M |
| D&A | $72M |
| EBIT | $273M |
| EBITDA | $345M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $451M |
| GROSS PROFIT | $560M |
| R&D Expenses | $64M |
| Selling & Marketing | $146M |
| General & Administrative | $94M |
| SG&A Expenses | $240M |
| Other Expenses | $12M |
| Operating Expenses | $316M |
| Cost & Expenses | $767M |
| OPERATING INCOME | $244M |
| Interest Income | $28M |
| Interest Expense | $32M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $195M |
| D&A | $72M |
| EBIT | $273M |
| EBITDA | $345M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $195M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $77M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $406M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $372M |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $0 |
| Net Receivables | $629M |
| Inventory | $666M |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $529M |
| Goodwill | $3.3B |
| Intangible Assets | $688M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $202M |
| Short-Term Debt | $38M |
| Deferred Revenue | $219M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $386M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $2.6B |
| Net Debt | $120M |
