| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $246M | $245M | $245M | 0.4% | 0.4% |
| Op. Income | $21M | $28M | $23M | -25.0% | -8.7% |
| Gross Margin | 74.8% | 74.7% | 75.9% | 0.1pp | -1.1pp |
| Net Margin | 79.3% | 98.4% | 102.9% | -19.1pp | -23.6pp |
| EPS (Diluted) | $1.36 | $1.69 | $1.71 | -19.5% | -20.5% |
| Free Cash Flow | -$35M | -$9M | -$139M | -288.9% | 74.8% |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $52M |
| Operating Expenses | $163M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | $232M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $58M |
| 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 | $52M |
| EBIT | $21M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $246M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $111M |
| Other Expenses | $52M |
| Operating Expenses | $163M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | $232M |
| INCOME BEFORE TAX | $253M |
| Income Tax Expense | $58M |
| 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 | $52M |
| EBIT | $21M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $195M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $57M |
| Other Non-Cash Items | -$277M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $35M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $1.1B |
| Goodwill | $755M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $12.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $224M |
| TOTAL NON-CURRENT ASSETS | $15.7B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $101M |
| Short-Term Debt | $3M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $76M |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $340M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $6.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $18M |
| TOTAL EQUITY | $9.4B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $3.7B |
| Net Debt | $3.6B |
