| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $986M | $861M | $757M | 14.6% | 30.4% |
| Op. Income | $64M | $15M | -$267M | 316.3% | 123.9% |
| Gross Margin | 69.7% | 68.2% | 68.1% | 1.5pp | 1.6pp |
| Net Margin | 6.2% | 2.0% | -35.3% | 4.1pp | 41.4pp |
| EPS (Diluted) | $0.05 | $0.01 | $-0.29 | 601.3% | 118.1% |
| Free Cash Flow | -$1.2B | -$524M | -$2.7B | -132.8% | 55.1% |
| Item | Amount |
|---|---|
| REVENUE | $986M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $688M |
| R&D Expenses | $0 |
| Selling & Marketing | $215M |
| General & Administrative | $149M |
| SG&A Expenses | $364M |
| Other Expenses | $260M |
| Operating Expenses | $624M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $64M |
| Interest Income | $723M |
| Interest Expense | $292M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $52M |
| EBIT | $64M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $986M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $688M |
| R&D Expenses | $0 |
| Selling & Marketing | $215M |
| General & Administrative | $149M |
| SG&A Expenses | $364M |
| Other Expenses | $260M |
| Operating Expenses | $624M |
| Cost & Expenses | $922M |
| OPERATING INCOME | $64M |
| Interest Income | $723M |
| Interest Expense | $292M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $52M |
| EBIT | $64M |
| EBITDA | $116M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $64M |
| Deferred Income Tax | $176.0K |
| Other Non-Cash Items | -$85M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | -$1.2B |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$357M |
| Sales/Maturities of Investments | $358M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $143M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | $238M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $1.5B |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | -$65M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $350M |
| Goodwill | $1.4B |
| Intangible Assets | $611M |
| Long-Term Investments | $26.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $30.5B |
| TOTAL ASSETS | $34.4B |
| Account Payables | $0 |
| Short-Term Debt | $486M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.4B |
| TOTAL CURRENT LIABILITIES | $24.9B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $569M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $28.3B |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $34.4B |
| Total Debt | $3.3B |
| Net Debt | $927M |
