| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $417M | $488M | $481M | -14.5% | -13.2% |
| Op. Income | $202M | $229M | $227M | -11.9% | -11.2% |
| Gross Margin | 60.4% | 57.9% | 50.0% | 2.4pp | 10.3pp |
| Net Margin | 31.0% | 29.1% | 29.8% | 1.9pp | 1.3pp |
| EPS (Diluted) | $2.56 | $2.46 | $2.83 | 4.2% | -9.3% |
| Free Cash Flow | $125M | $180M | -$14M | -30.6% | 999.2% |
| Item | Amount |
|---|---|
| REVENUE | $417M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $252M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $216M |
| SG&A Expenses | $216M |
| Other Expenses | -$166M |
| Operating Expenses | $50M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $202M |
| Interest Income | $18M |
| Interest Expense | $63M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $40M |
| EBIT | $202M |
| EBITDA | $241M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $417M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $252M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $216M |
| SG&A Expenses | $216M |
| Other Expenses | -$166M |
| Operating Expenses | $50M |
| Cost & Expenses | $216M |
| OPERATING INCOME | $202M |
| Interest Income | $18M |
| Interest Expense | $63M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $130M |
| D&A | $40M |
| EBIT | $202M |
| EBITDA | $241M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$137M |
| Net Debt Issuance | $46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$76M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $131M |
| Long-Term Investments | $264.9K |
| Tax Assets | $24M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $180M |
| TOTAL ASSETS | $231M |
| Account Payables | $3M |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $94M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $315.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $4M |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $231M |
| Total Debt | $131M |
| Net Debt | $91M |
