| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238M | $214M | $196M | 11.0% | 21.4% |
| Op. Income | $166M | $147M | $133M | 13.5% | 24.9% |
| Gross Margin | 78.2% | 77.8% | 77.4% | 0.3pp | 0.8pp |
| Net Margin | 34.7% | 28.7% | 27.7% | 6.1pp | 7.0pp |
| EPS (Diluted) | $0.37 | $0.27 | $0.26 | 37.0% | 42.3% |
| Free Cash Flow | $17M | $54M | $35M | -69.3% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $61M |
| EBIT | $98M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $61M |
| EBIT | $98M |
| EBITDA | $159M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$213M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$53.0K |
| Common Dividends Paid | -$94M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$100M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $281M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $408M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $225M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.7B |
| TOTAL NON-CURRENT ASSETS | $12.0B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $154M |
| Short-Term Debt | $0 |
| Deferred Revenue | $193M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $441M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | -$382M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $390M |
| TOTAL EQUITY | $8.4B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
