| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $438M | $500M | $401M | -12.5% | 9.1% |
| Op. Income | $95M | $286M | $87M | -66.7% | 9.0% |
| Gross Margin | 80.8% | 84.3% | 83.2% | -3.4pp | -2.4pp |
| Net Margin | 15.5% | 49.4% | 16.1% | -33.9pp | -0.5pp |
| EPS (Diluted) | $1.20 | $4.37 | $1.11 | -72.5% | 8.1% |
| Free Cash Flow | $86M | $101M | $63M | -14.3% | 37.1% |
| Item | Amount |
|---|---|
| REVENUE | $438M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $354M |
| R&D Expenses | $62M |
| Selling & Marketing | $107M |
| General & Administrative | $70M |
| SG&A Expenses | $177M |
| Other Expenses | $19M |
| Operating Expenses | $259M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $800.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $36M |
| EBIT | $100M |
| EBITDA | $136M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $438M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $354M |
| R&D Expenses | $62M |
| Selling & Marketing | $107M |
| General & Administrative | $70M |
| SG&A Expenses | $177M |
| Other Expenses | $19M |
| Operating Expenses | $259M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $800.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $36M |
| EBIT | $100M |
| EBITDA | $136M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$204.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$435M |
| NET CASH FROM FINANCING | -$537M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $1M |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $532M |
| Goodwill | $52M |
| Intangible Assets | $48M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $834M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $111M |
| Deferred Tax Liabilities | $136M |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $359M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $629.0K |
| Additional Paid-In Capital | $667M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$985M |
| Accum. Other Comp. Income | -$305.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $0 |
| Net Debt | -$346M |
