| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $201M | $176M | 2.6% | 17.4% |
| Op. Income | $71M | $68M | $66M | 4.9% | 8.3% |
| Gross Margin | 72.9% | 73.0% | 81.0% | -0.0pp | -8.1pp |
| Net Margin | 24.8% | 24.7% | 25.1% | 0.1pp | -0.4pp |
| EPS (Diluted) | $1.08 | $1.05 | $0.93 | 2.9% | 16.1% |
| Free Cash Flow | $90M | $55M | $43M | 64.9% | 112.1% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $35M |
| Operating Expenses | $79M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $71M |
| Interest Income | $188M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $71M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $42M |
| SG&A Expenses | $44M |
| Other Expenses | $35M |
| Operating Expenses | $79M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $71M |
| Interest Income | $188M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $71M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$545M |
| Sales/Maturities of Investments | $568M |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $740M |
| Short-Term Investments | $2.1B |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $125M |
| Goodwill | $84M |
| Intangible Assets | $68M |
| Long-Term Investments | $7.9B |
| Tax Assets | $4M |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $201M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $426M |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $60M |
| Additional Paid-In Capital | $638M |
| Retained Earnings | $707M |
| Treasury Stock | -$251M |
| Accum. Other Comp. Income | $74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $223M |
| Net Debt | -$517M |
