| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $751M | $654M | $660M | 15.0% | 13.9% |
| Op. Income | $181M | $65M | $168M | 178.7% | 7.8% |
| Gross Margin | 50.8% | 44.0% | 48.9% | 6.8pp | 1.9pp |
| Net Margin | 19.5% | 8.1% | 20.1% | 11.4pp | -0.6pp |
| EPS (Diluted) | $1.86 | $0.64 | $1.69 | 190.6% | 10.1% |
| Free Cash Flow | $96M | $59M | $107M | 63.3% | -9.9% |
| Item | Amount |
|---|---|
| REVENUE | $751M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $382M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $160M |
| SG&A Expenses | $166M |
| Other Expenses | $35M |
| Operating Expenses | $200M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $181M |
| Interest Income | $695M |
| Interest Expense | $343M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $25M |
| EBIT | $181M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $751M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $382M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $160M |
| SG&A Expenses | $166M |
| Other Expenses | $35M |
| Operating Expenses | $200M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $181M |
| Interest Income | $695M |
| Interest Expense | $343M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $181M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $25M |
| EBIT | $181M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$446M |
| Sales/Maturities of Investments | $197M |
| Other Investing Activities | -$548M |
| NET CASH FROM INVESTING | -$823M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$580.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $455M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $5.4B |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $295M |
| Goodwill | $1.8B |
| Intangible Assets | $23M |
| Long-Term Investments | $37.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $42.4B |
| TOTAL ASSETS | $50.7B |
| Account Payables | $59M |
| Short-Term Debt | $210M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.0B |
| TOTAL CURRENT LIABILITIES | $41.2B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $562M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $44.4B |
| Common Stock | $77M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$117M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $50.7B |
| Total Debt | $2.8B |
| Net Debt | $143M |
