| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $1.2B | -8.7% | 15.7% |
| Op. Income | $246M | $317M | $139M | -22.5% | 76.4% |
| Gross Margin | 63.8% | 64.0% | 60.0% | -0.2pp | 3.7pp |
| Net Margin | 6.8% | 2.5% | 4.6% | 4.3pp | 2.2pp |
| EPS (Diluted) | $0.36 | $0.14 | $0.21 | 157.1% | 71.4% |
| Free Cash Flow | $346M | $312M | $301M | 11.0% | 14.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $522M |
| GROSS PROFIT | $919M |
| R&D Expenses | $233M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $0 |
| Operating Expenses | $673M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $246M |
| Interest Income | $12M |
| Interest Expense | $145M |
| Other Income/Expenses | -$142M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $180M |
| EBIT | $250M |
| EBITDA | $430M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $522M |
| GROSS PROFIT | $919M |
| R&D Expenses | $233M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $440M |
| Other Expenses | $0 |
| Operating Expenses | $673M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $246M |
| Interest Income | $12M |
| Interest Expense | $145M |
| Other Income/Expenses | -$142M |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $180M |
| EBIT | $250M |
| EBITDA | $430M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $180M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$71M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $382M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $22.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$185M |
| Common Stock Repurchased | $126.7K |
| Common Dividends Paid | -$67M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$225M |
| FREE CASH FLOW | $346M |
| Net Change in Cash | $126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $734M |
| Inventory | $0 |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $575M |
| Goodwill | $7.5B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $165M |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $288M |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $16.4B |
| Account Payables | $169M |
| Short-Term Debt | $46M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $409M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $171M |
| Deferred Tax Liabilities | $241M |
| Other Non-Current Liabilities | $332M |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | -$134M |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $16.4B |
| Total Debt | $8.7B |
| Net Debt | $7.5B |
