| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $150M | $130M | 2.7% | 17.8% |
| Op. Income | $23M | $15M | $17M | 50.4% | 36.0% |
| Gross Margin | 63.0% | 62.7% | 65.8% | 0.3pp | -2.9pp |
| Net Margin | 11.7% | 12.0% | 11.3% | -0.3pp | 0.5pp |
| EPS (Diluted) | $0.48 | $0.48 | $0.39 | 0.0% | 23.1% |
| Free Cash Flow | $24M | $31M | $30M | -20.1% | -17.4% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $97M |
| R&D Expenses | $14M |
| Selling & Marketing | $36M |
| General & Administrative | $24M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $10M |
| EBIT | $23M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $97M |
| R&D Expenses | $14M |
| Selling & Marketing | $36M |
| General & Administrative | $24M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $23M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $10M |
| EBIT | $23M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $32M |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $407M |
| PP&E (Net) | $42M |
| Goodwill | $269M |
| Intangible Assets | $108M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $448M |
| TOTAL ASSETS | $855M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $76M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $680.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $151M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $575M |
| Retained Earnings | $295M |
| Treasury Stock | -$162M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $703M |
| Minority Interest | $0 |
| TOTAL EQUITY | $703M |
| TOTAL LIABILITIES & EQUITY | $855M |
| Total Debt | $12M |
| Net Debt | -$228M |
