| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $593M | $558M | 2.7% | 9.1% |
| Op. Income | $3M | -$5M | -$54M | 161.4% | 106.1% |
| Gross Margin | 70.4% | 70.2% | 69.7% | 0.2pp | 0.7pp |
| Net Margin | -1.3% | -2.5% | -7.5% | 1.2pp | 6.3pp |
| EPS (Diluted) | $-0.09 | $-0.16 | $-0.45 | 46.6% | 81.0% |
| Free Cash Flow | $103M | $109M | $70M | -5.4% | 47.1% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $429M |
| R&D Expenses | $84M |
| Selling & Marketing | $277M |
| General & Administrative | $64M |
| SG&A Expenses | $341M |
| Other Expenses | $0 |
| Operating Expenses | $425M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $55M |
| EBIT | $4M |
| EBITDA | $59M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $84M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $0 |
| Net Receivables | $396M |
| Inventory | $0 |
| Other Current Assets | $251M |
| TOTAL CURRENT ASSETS | $859M |
| PP&E (Net) | $230M |
| Goodwill | $75M |
| Intangible Assets | $290M |
| Long-Term Investments | $124.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $363M |
| TOTAL NON-CURRENT ASSETS | $959M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $35M |
| Short-Term Debt | $181M |
| Deferred Revenue | $261M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $765M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$346M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$346M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
