| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $416M | $332M | 12.9% | 41.7% |
| Op. Income | $117M | $103M | $15M | 13.1% | 677.8% |
| Gross Margin | 25.8% | 25.8% | 5.3% | -0.0pp | 20.5pp |
| Net Margin | 20.2% | 19.7% | 4.1% | 0.5pp | 16.1pp |
| EPS (Diluted) | $1.03 | $0.89 | $0.15 | 15.7% | 586.7% |
| Free Cash Flow | $219M | $139M | $96M | 57.5% | 128.3% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $379.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $0 |
| EBIT | $118M |
| EBITDA | $118M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $379.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $117M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $0 |
| EBIT | $118M |
| EBITDA | $118M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $122M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $219M |
| Capital Expenditure | -$347.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$321M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$93.0K |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $219M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $203M |
| Net Receivables | $241M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $45M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $4.2B |
| Tax Assets | $15M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$149M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $687.0K |
| Additional Paid-In Capital | $371M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$405M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $100M |
| Net Debt | $39M |
