| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $697M | $666M | $540M | 4.6% | 28.9% |
| Op. Income | $230M | $230M | $218M | 0.2% | 5.8% |
| Gross Margin | 52.8% | 54.5% | 64.2% | -1.7pp | -11.4pp |
| Net Margin | 25.5% | 26.4% | 31.8% | -0.9pp | -6.3pp |
| EPS (Diluted) | $1.52 | $1.51 | $1.47 | 0.7% | 3.4% |
| Free Cash Flow | $135M | $224M | $152M | -39.7% | -10.7% |
| Item | Amount |
|---|---|
| REVENUE | $697M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $79M |
| SG&A Expenses | $86M |
| Other Expenses | $52M |
| Operating Expenses | $137M |
| Cost & Expenses | $466M |
| OPERATING INCOME | $230M |
| Interest Income | $668M |
| Interest Expense | $280M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $20M |
| EBIT | $230M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $697M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $79M |
| SG&A Expenses | $86M |
| Other Expenses | $52M |
| Operating Expenses | $137M |
| Cost & Expenses | $466M |
| OPERATING INCOME | $230M |
| Interest Income | $668M |
| Interest Expense | $280M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $20M |
| EBIT | $230M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$91M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | -$671M |
| NET CASH FROM INVESTING | -$608M |
| Net Debt Issuance | $199M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $538M |
| NET CASH FROM FINANCING | $688M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $3.0B |
| Net Receivables | $177M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $703M |
| Goodwill | $661M |
| Intangible Assets | $0 |
| Long-Term Investments | $28.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $31.1B |
| TOTAL ASSETS | $36.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.9B |
| TOTAL CURRENT LIABILITIES | $29.9B |
| Long-Term Debt | $871M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $613M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $31.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $985.0K |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $36.8B |
| Total Debt | $871M |
| Net Debt | -$1.7B |
