| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $860M | $895M | $866M | -3.9% | -0.7% |
| Op. Income | $223M | $211M | $260M | 6.0% | -14.2% |
| Gross Margin | 72.5% | 71.7% | 72.1% | 0.8pp | 0.4pp |
| Net Margin | 18.4% | 15.2% | 26.5% | 3.2pp | -8.1pp |
| EPS (Diluted) | $0.59 | $0.51 | $0.81 | 15.7% | -27.2% |
| Free Cash Flow | $247M | $252M | $259M | -1.9% | -4.5% |
| Item | Amount |
|---|---|
| REVENUE | $860M |
| Cost of Revenue | $236M |
| GROSS PROFIT | $624M |
| R&D Expenses | $109M |
| Selling & Marketing | $146M |
| General & Administrative | $114M |
| SG&A Expenses | $260M |
| Other Expenses | $31M |
| Operating Expenses | $400M |
| Cost & Expenses | $637M |
| OPERATING INCOME | $223M |
| Interest Income | $9M |
| Interest Expense | $40M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $21M |
| EBIT | $237M |
| EBITDA | $258M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $860M |
| Cost of Revenue | $236M |
| GROSS PROFIT | $624M |
| R&D Expenses | $109M |
| Selling & Marketing | $146M |
| General & Administrative | $114M |
| SG&A Expenses | $260M |
| Other Expenses | $31M |
| Operating Expenses | $400M |
| Cost & Expenses | $637M |
| OPERATING INCOME | $223M |
| Interest Income | $9M |
| Interest Expense | $40M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $21M |
| EBIT | $237M |
| EBITDA | $258M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $101.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$127.0K |
| NET CASH FROM FINANCING | -$122M |
| FREE CASH FLOW | $247M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $966M |
| Short-Term Investments | $5M |
| Net Receivables | $325M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $158M |
| Goodwill | $2.3B |
| Intangible Assets | $215M |
| Long-Term Investments | $0 |
| Tax Assets | $263M |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $166M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $549M |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $119M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $294.0K |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$6.6B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$450M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$64M |
| Minority Interest | $2.0K |
| TOTAL EQUITY | -$64M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $3.8B |
| Net Debt | $2.9B |
