| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $809M | $723M | $612M | 12.0% | 32.3% |
| Op. Income | $92M | $60M | $74M | 53.5% | 25.6% |
| Gross Margin | 60.6% | 59.9% | 59.9% | 0.7pp | 0.7pp |
| Net Margin | 4.8% | 5.4% | 12.2% | -0.6pp | -7.4pp |
| EPS (Diluted) | $0.11 | $0.12 | $0.24 | -4.4% | -52.6% |
| Free Cash Flow | $177M | $109M | $126M | 62.5% | 40.1% |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $490M |
| R&D Expenses | $0 |
| Selling & Marketing | $237M |
| General & Administrative | $161M |
| SG&A Expenses | $398M |
| Other Expenses | $0 |
| Operating Expenses | $398M |
| Cost & Expenses | $717M |
| OPERATING INCOME | $92M |
| Interest Income | $7M |
| Interest Expense | $8M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $35M |
| EBIT | $46M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $319M |
| GROSS PROFIT | $490M |
| R&D Expenses | $0 |
| Selling & Marketing | $237M |
| General & Administrative | $161M |
| SG&A Expenses | $398M |
| Other Expenses | $0 |
| Operating Expenses | $398M |
| Cost & Expenses | $717M |
| OPERATING INCOME | $92M |
| Interest Income | $7M |
| Interest Expense | $8M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $35M |
| EBIT | $46M |
| EBITDA | $81M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$381.8K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $953M |
| Short-Term Investments | $47M |
| Net Receivables | $408M |
| Inventory | $444M |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $548M |
| Goodwill | $0 |
| Intangible Assets | $77M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $701M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $165M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $516M |
| TOTAL CURRENT LIABILITIES | $681M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $388M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $43M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $114M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | $1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $359M |
| Net Debt | -$595M |
