| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $696M | $716M | $650M | -2.8% | 7.0% |
| Op. Income | $235M | $236M | $219M | -0.5% | 7.5% |
| Gross Margin | 53.9% | 52.6% | 57.1% | 1.3pp | -3.2pp |
| Net Margin | 26.2% | 25.3% | 26.9% | 0.9pp | -0.7pp |
| EPS (Diluted) | $1.56 | $1.55 | $1.50 | 0.6% | 4.0% |
| Free Cash Flow | $121M | $258M | $187M | -53.1% | -35.1% |
| Item | Amount |
|---|---|
| REVENUE | $696M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $84M |
| SG&A Expenses | $87M |
| Other Expenses | $53M |
| Operating Expenses | $140M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $235M |
| Interest Income | $663M |
| Interest Expense | $283M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $34M |
| EBIT | $235M |
| EBITDA | $269M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $696M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $84M |
| SG&A Expenses | $87M |
| Other Expenses | $53M |
| Operating Expenses | $140M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $235M |
| Interest Income | $663M |
| Interest Expense | $283M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $34M |
| EBIT | $235M |
| EBITDA | $269M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $53M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$158M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$483M |
| Sales/Maturities of Investments | $564M |
| Other Investing Activities | -$780M |
| NET CASH FROM INVESTING | -$742M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $742M |
| NET CASH FROM FINANCING | $691M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $566M |
| Net Receivables | $174M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $739M |
| Goodwill | $661M |
| Intangible Assets | $0 |
| Long-Term Investments | $31.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $34.7B |
| TOTAL ASSETS | $38.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.0B |
| TOTAL CURRENT LIABILITIES | $31.0B |
| Long-Term Debt | $883M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $627M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $32.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $571.0K |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $38.3B |
| Total Debt | $883M |
| Net Debt | -$1.9B |
