| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | $229M | $191M | 5.9% | 27.1% |
| Op. Income | $49M | $43M | $25M | 14.3% | 96.9% |
| Gross Margin | 52.9% | 51.7% | 52.7% | 1.2pp | 0.2pp |
| Net Margin | 21.9% | 20.5% | 13.6% | 1.4pp | 8.3pp |
| EPS (Diluted) | $1.07 | $0.94 | $0.53 | 13.8% | 101.9% |
| Free Cash Flow | $53M | $50M | $27M | 5.8% | 95.9% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $128M |
| R&D Expenses | $27M |
| Selling & Marketing | $19M |
| General & Administrative | $20M |
| SG&A Expenses | $39M |
| Other Expenses | $14M |
| Operating Expenses | $79M |
| Cost & Expenses | $193M |
| OPERATING INCOME | $49M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $17M |
| EBIT | $49M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $128M |
| R&D Expenses | $27M |
| Selling & Marketing | $19M |
| General & Administrative | $20M |
| SG&A Expenses | $39M |
| Other Expenses | $14M |
| Operating Expenses | $79M |
| Cost & Expenses | $193M |
| OPERATING INCOME | $49M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $17M |
| EBIT | $49M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$187M |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $613M |
| Net Receivables | $238M |
| Inventory | $320M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $132M |
| Goodwill | $316M |
| Intangible Assets | $141M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $620M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $174M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $582M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $18M |
| Net Debt | -$155M |
