| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $502M | $496M | $476M | 1.1% | 5.5% |
| Op. Income | $112M | -$228M | $97M | 149.1% | 15.4% |
| Gross Margin | 61.4% | 7.0% | 62.6% | 54.4pp | -1.2pp |
| Net Margin | 19.5% | -37.0% | 16.4% | 56.5pp | 3.2pp |
| EPS (Diluted) | $0.44 | $-0.83 | $0.35 | 153.0% | 25.7% |
| Free Cash Flow | $138M | $128M | $84M | 8.1% | 65.0% |
| Item | Amount |
|---|---|
| REVENUE | $502M |
| Cost of Revenue | $194M |
| GROSS PROFIT | $308M |
| R&D Expenses | $44M |
| Selling & Marketing | $111M |
| General & Administrative | $29M |
| SG&A Expenses | $141M |
| Other Expenses | $11M |
| Operating Expenses | $196M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $112M |
| Interest Income | $18M |
| Interest Expense | $11M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $50M |
| EBIT | $128M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $502M |
| Cost of Revenue | $194M |
| GROSS PROFIT | $308M |
| R&D Expenses | $44M |
| Selling & Marketing | $111M |
| General & Administrative | $29M |
| SG&A Expenses | $141M |
| Other Expenses | $11M |
| Operating Expenses | $196M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $112M |
| Interest Income | $18M |
| Interest Expense | $11M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $50M |
| EBIT | $128M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$304M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$231M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $492M |
| NET CASH FROM FINANCING | $486M |
| FREE CASH FLOW | $138M |
| Net Change in Cash | $439M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $973M |
| Short-Term Investments | $507M |
| Net Receivables | $346M |
| Inventory | $322M |
| Other Current Assets | $306M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $760M |
| Goodwill | $2.5B |
| Intangible Assets | $331M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $79M |
| Short-Term Debt | $555M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $117M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $247M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | -$413M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.9B |
| Net Debt | $947M |
