| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $359M | $354M | $287M | 1.3% | 24.9% |
| Op. Income | $99M | $114M | $69M | -13.3% | 44.5% |
| Gross Margin | 41.4% | 45.8% | 39.0% | -4.4pp | 2.4pp |
| Net Margin | 21.3% | 24.6% | 22.7% | -3.3pp | -1.4pp |
| EPS (Diluted) | $1.49 | $1.80 | $1.31 | -17.2% | 13.7% |
| Free Cash Flow | $46M | -$386M | -$243M | 111.9% | 118.8% |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $210M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $15M |
| Operating Expenses | $49M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $99M |
| Interest Income | $328M |
| Interest Expense | $200M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $746.0K |
| EBIT | $99M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $359M |
| Cost of Revenue | $210M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $15M |
| Operating Expenses | $49M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $99M |
| Interest Income | $328M |
| Interest Expense | $200M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $746.0K |
| EBIT | $99M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $746.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$95.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $725.0K |
| Purchases of Investments | -$270M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$233M |
| NET CASH FROM INVESTING | -$317M |
| Net Debt Issuance | -$677M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $987M |
| NET CASH FROM FINANCING | $298M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $541M |
| Short-Term Investments | $1.0B |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $47M |
| Goodwill | $8M |
| Intangible Assets | $179M |
| Long-Term Investments | $15.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $414M |
| TOTAL NON-CURRENT ASSETS | $16.6B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.9B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $223M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $238M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$510.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $1.2B |
| Net Debt | $618M |
