| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | 1.0% | 13.1% |
| Op. Income | $119M | $116M | $157M | 2.2% | -24.1% |
| Gross Margin | 100.0% | 10.3% | 15.1% | 89.7pp | 84.9pp |
| Net Margin | 7.6% | 7.4% | 11.2% | 0.2pp | -3.6pp |
| EPS (Diluted) | $1.52 | $1.47 | $2.01 | 3.4% | -24.4% |
| Free Cash Flow | $325M | $378M | $229M | -14.1% | 42.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $119M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $8M |
| EBIT | $126M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $119M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $8M |
| EBIT | $126M |
| EBITDA | $134M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $216M |
| OPERATING CASH FLOW | $332M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | -$744.0K |
| NET CASH FROM INVESTING | -$260M |
| Net Debt Issuance | -$692.0K |
| Common Stock Repurchased | -$81.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $325M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91.0K |
| Short-Term Investments | $1.1B |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | -$3.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $93M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$9.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$141M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $502M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$508M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $211M |
| Additional Paid-In Capital | $557M |
| Retained Earnings | $3.1B |
| Treasury Stock | -$651M |
| Accum. Other Comp. Income | -$337M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $508M |
| Net Debt | $508M |
