| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $290M | $269M | $282M | 7.9% | 3.1% |
| Op. Income | $72M | $59M | $0 | 22.0% | — |
| Gross Margin | 50.1% | 47.2% | 48.3% | 2.9pp | 1.8pp |
| Net Margin | 7.4% | 3.9% | 3.0% | 3.5pp | 4.4pp |
| EPS (Diluted) | $2.66 | $1.33 | $1.05 | 100.0% | 153.3% |
| Free Cash Flow | -$34M | -$118M | $340M | 71.5% | -109.9% |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $35M |
| Operating Expenses | $73M |
| Cost & Expenses | $218M |
| OPERATING INCOME | $72M |
| Interest Income | $25M |
| Interest Expense | $0 |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $72M |
| EBITDA | $74M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $290M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $35M |
| Operating Expenses | $73M |
| Cost & Expenses | $218M |
| OPERATING INCOME | $72M |
| Interest Income | $25M |
| Interest Expense | $0 |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $72M |
| EBITDA | $74M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $900.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$87M |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$285M |
| Sales/Maturities of Investments | $339M |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | $86M |
| Net Debt Issuance | -$54M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $9.7B |
| Inventory | $0 |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $10.5B |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $31M |
| Tax Assets | $3M |
| Other Non-Current Assets | $420M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $0 |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $226M |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $951M |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $12.8B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $557M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $200.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $468M |
| Minority Interest | $0 |
| TOTAL EQUITY | $468M |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $11.6B |
| Net Debt | $11.4B |
