| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.6B | -0.2% | -10.2% |
| Op. Income | $76M | $41M | $118M | 84.7% | -36.1% |
| Gross Margin | 38.3% | 37.2% | 40.3% | 1.1pp | -2.0pp |
| Net Margin | 4.6% | 4.3% | 6.5% | 0.3pp | -1.9pp |
| EPS (Diluted) | $0.66 | $0.61 | $1.00 | 8.2% | -34.0% |
| Free Cash Flow | $130M | -$28M | $271M | 567.7% | -52.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $909M |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $488M |
| Other Expenses | $0 |
| Operating Expenses | $488M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $76M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $28M |
| 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 | $22M |
| EBIT | $76M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $909M |
| GROSS PROFIT | $564M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $488M |
| Other Expenses | $0 |
| Operating Expenses | $488M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $76M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $28M |
| 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 | $22M |
| EBIT | $76M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$264.0K |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$55M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547M |
| Short-Term Investments | $0 |
| Net Receivables | $893M |
| Inventory | $0 |
| Other Current Assets | $683M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $314M |
| Goodwill | $238M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $144M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $741M |
| TOTAL ASSETS | $2.9B |
| Account Payables | $144M |
| Short-Term Debt | $71M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $168M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$142M |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $407M |
| Net Debt | -$140M |
