| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $606M | $589M | $555M | 3.0% | 9.2% |
| Op. Income | $173M | $154M | $158M | 12.6% | 9.4% |
| Gross Margin | 69.5% | 68.4% | 72.1% | 1.1pp | -2.6pp |
| Net Margin | 21.8% | 19.5% | 22.2% | 2.3pp | -0.4pp |
| EPS (Diluted) | $1.73 | $1.50 | $1.62 | 15.3% | 6.8% |
| Free Cash Flow | $117M | $272M | $305M | -56.9% | -61.5% |
| Item | Amount |
|---|---|
| REVENUE | $606M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $422M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $166M |
| SG&A Expenses | $169M |
| Other Expenses | $80M |
| Operating Expenses | $249M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $173M |
| Interest Income | $531M |
| Interest Expense | $181M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $14M |
| EBIT | $173M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $606M |
| Cost of Revenue | $185M |
| GROSS PROFIT | $422M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $166M |
| SG&A Expenses | $169M |
| Other Expenses | $80M |
| Operating Expenses | $249M |
| Cost & Expenses | $434M |
| OPERATING INCOME | $173M |
| Interest Income | $531M |
| Interest Expense | $181M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $14M |
| EBIT | $173M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $236M |
| Other Investing Activities | -$561M |
| NET CASH FROM INVESTING | -$388M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$140.0K |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | $169M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $507M |
| Short-Term Investments | $4.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $517M |
| Goodwill | $1.9B |
| Intangible Assets | $166M |
| Long-Term Investments | $35.6B |
| Tax Assets | $163M |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $40.5B |
| TOTAL ASSETS | $45.5B |
| Account Payables | $0 |
| Short-Term Debt | $542M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.1B |
| TOTAL CURRENT LIABILITIES | $37.6B |
| Long-Term Debt | $692M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $39.8B |
| Common Stock | $190M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$620M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $45.5B |
| Total Debt | $1.2B |
| Net Debt | $727M |
