| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $369M | $363M | $339M | 1.9% | 9.0% |
| Op. Income | $47M | $45M | $68M | 3.9% | -31.7% |
| Gross Margin | 49.5% | 50.1% | 60.4% | -0.6pp | -10.9pp |
| Net Margin | 11.0% | 10.7% | 17.2% | 0.3pp | -6.2pp |
| EPS (Diluted) | $0.32 | $0.31 | $0.46 | 3.2% | -30.4% |
| Free Cash Flow | $73M | $48M | $52M | 52.2% | 39.9% |
| Item | Amount |
|---|---|
| REVENUE | $369M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $76M |
| SG&A Expenses | $83M |
| Other Expenses | $53M |
| Operating Expenses | $136M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $47M |
| Interest Income | $329M |
| Interest Expense | $175M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $12M |
| EBIT | $47M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $369M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $76M |
| SG&A Expenses | $83M |
| Other Expenses | $53M |
| Operating Expenses | $136M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $47M |
| Interest Income | $329M |
| Interest Expense | $175M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $12M |
| EBIT | $47M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $163M |
| Other Investing Activities | -$194M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $475M |
| Common Stock Repurchased | -$327.0K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$518M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $574M |
| Short-Term Investments | $2.9B |
| Net Receivables | $127M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $582M |
| Goodwill | $1.3B |
| Intangible Assets | $105M |
| Long-Term Investments | $20.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $23.8B |
| TOTAL ASSETS | $27.4B |
| Account Payables | $0 |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.8B |
| TOTAL CURRENT LIABILITIES | $21.9B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $23.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$405M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $27.4B |
| Total Debt | $1.8B |
| Net Debt | $1.2B |
