| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.9B | $2.5B | 6.0% | 23.2% |
| Op. Income | $437M | $394M | $366M | 10.9% | 19.5% |
| Gross Margin | 27.8% | 27.5% | 30.3% | 0.3pp | -2.5pp |
| Net Margin | 8.2% | 8.3% | 8.9% | -0.1pp | -0.7pp |
| EPS (Diluted) | $3.39 | $3.23 | $2.91 | 5.0% | 16.5% |
| Free Cash Flow | $62M | -$308M | $78M | 120.2% | -20.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $864M |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $114M |
| SG&A Expenses | $279M |
| Other Expenses | $148M |
| Operating Expenses | $427M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $437M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $347M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $111M |
| EBIT | $415M |
| EBITDA | $526M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $864M |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $114M |
| SG&A Expenses | $279M |
| Other Expenses | $148M |
| Operating Expenses | $427M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $437M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$90M |
| INCOME BEFORE TAX | $347M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $255M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $255M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $255M |
| D&A | $111M |
| EBIT | $415M |
| EBITDA | $526M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $255M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $103.0K |
| Other Non-Cash Items | $88M |
| Change in Working Capital | -$265M |
| OPERATING CASH FLOW | $209M |
| Capital Expenditure | -$147M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $96M |
| Net Receivables | $3.4B |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $1.3B |
| Goodwill | $1.9B |
| Intangible Assets | $782M |
| Long-Term Investments | $249M |
| Tax Assets | $167M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $2.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $209M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$4.1B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $4.7B |
| Net Debt | $3.2B |
