| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $533M | $528M | $492M | 1.0% | 8.3% |
| Op. Income | $112M | $105M | $85M | 6.8% | 32.2% |
| Gross Margin | 31.7% | 29.1% | 27.0% | 2.6pp | 4.6pp |
| Net Margin | 18.1% | 16.7% | 14.3% | 1.4pp | 3.8pp |
| EPS (Diluted) | $3.01 | $2.75 | $2.22 | 9.5% | 35.6% |
| Free Cash Flow | $139M | $104M | $106M | 33.8% | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $8M |
| Operating Expenses | $57M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $112M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $8M |
| EBIT | $112M |
| EBITDA | $120M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $533M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | $8M |
| Operating Expenses | $57M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $112M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $8M |
| EBIT | $112M |
| EBITDA | $120M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $149M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $51.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $139M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $657M |
| Short-Term Investments | $0 |
| Net Receivables | $311M |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $255M |
| Goodwill | $662M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $77M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $671M |
| Other Current Liabilities | $115M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $311.0K |
| Additional Paid-In Capital | $837M |
| Retained Earnings | $66M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $881M |
| Minority Interest | $0 |
| TOTAL EQUITY | $881M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $128M |
| Net Debt | -$529M |
