| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.4B | -6.9% | 5.4% |
| Op. Income | $246M | $319M | $244M | -22.9% | 0.6% |
| Gross Margin | 68.0% | 67.8% | 68.0% | 0.2pp | -0.0pp |
| Net Margin | 28.0% | 14.4% | 12.8% | 13.6pp | 15.2pp |
| EPS (Diluted) | $5.32 | $2.93 | $2.26 | 81.6% | 135.4% |
| Free Cash Flow | $565M | $341M | $302M | 65.9% | 86.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $475M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $712M |
| Other Expenses | $51M |
| Operating Expenses | $763M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $281M |
| INCOME BEFORE TAX | $527M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $415M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $415M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $415M |
| D&A | $51M |
| EBIT | $545M |
| EBITDA | $596M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $475M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $712M |
| Other Expenses | $51M |
| Operating Expenses | $763M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $281M |
| INCOME BEFORE TAX | $527M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $415M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $415M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $415M |
| D&A | $51M |
| EBIT | $545M |
| EBITDA | $596M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $415M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $76M |
| OPERATING CASH FLOW | $591M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $565M |
| Net Change in Cash | $533M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $477M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $580M |
| Goodwill | $2.9B |
| Intangible Assets | $440M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $336M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $817M |
| Short-Term Debt | $93M |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $210.0K |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$6.9B |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $3.0B |
| Net Debt | $1.2B |
