| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $275M | $211M | -17.2% | 8.0% |
| Op. Income | $43M | $84M | $35M | -49.4% | 20.5% |
| Gross Margin | 47.6% | 55.6% | 47.1% | -7.9pp | 0.5pp |
| Net Margin | 15.3% | 24.8% | 13.8% | -9.4pp | 1.6pp |
| EPS (Diluted) | $1.19 | $2.29 | $0.96 | -48.0% | 24.0% |
| Free Cash Flow | $90M | $76M | $85M | 17.9% | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $11M |
| SG&A Expenses | $64M |
| Other Expenses | $2M |
| Operating Expenses | $66M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $43M |
| Interest Income | $4M |
| Interest Expense | $2.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $47M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $53M |
| General & Administrative | $11M |
| SG&A Expenses | $64M |
| Other Expenses | $2M |
| Operating Expenses | $66M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $43M |
| Interest Income | $4M |
| Interest Expense | $2.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $47M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$249.0K |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $100M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $276M |
| Goodwill | $161M |
| Intangible Assets | $164M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $603M |
| TOTAL ASSETS | $993M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $233M |
| Common Stock | $541.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$126.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $759M |
| Minority Interest | $0 |
| TOTAL EQUITY | $759M |
| TOTAL LIABILITIES & EQUITY | $993M |
| Total Debt | $109M |
| Net Debt | -$132M |
