| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $265M | $238M | 0.5% | 11.8% |
| Op. Income | $75M | $68M | $53M | 10.1% | 40.5% |
| Gross Margin | 54.9% | 54.2% | 53.3% | 0.7pp | 1.6pp |
| Net Margin | 23.9% | 19.9% | 20.7% | 4.0pp | 3.2pp |
| EPS (Diluted) | $1.03 | $0.85 | $0.79 | 21.2% | 30.4% |
| Free Cash Flow | $61M | $71M | $57M | -13.7% | 6.6% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $146M |
| R&D Expenses | $34M |
| Selling & Marketing | $17M |
| General & Administrative | $20M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $2M |
| EBIT | $75M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $146M |
| R&D Expenses | $34M |
| Selling & Marketing | $17M |
| General & Administrative | $20M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $2M |
| EBIT | $75M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $289.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $0 |
| Net Receivables | $200M |
| Inventory | $0 |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $452M |
| PP&E (Net) | $63M |
| Goodwill | $62M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $87M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $246M |
| TOTAL ASSETS | $698M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $253M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $362M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $420M |
| Common Stock | $610.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $303M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $278M |
| Minority Interest | $0 |
| TOTAL EQUITY | $278M |
| TOTAL LIABILITIES & EQUITY | $698M |
| Total Debt | $50M |
| Net Debt | -$165M |
