| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $619M | $606M | $573M | 2.1% | 8.0% |
| Op. Income | $187M | $173M | $157M | 7.9% | 18.6% |
| Gross Margin | 70.0% | 69.5% | 69.0% | 0.5pp | 1.0pp |
| Net Margin | 23.1% | 21.8% | 21.7% | 1.3pp | 1.5pp |
| EPS (Diluted) | $1.86 | $1.73 | $1.62 | 7.5% | 14.8% |
| Free Cash Flow | -$254M | $117M | $438M | -316.7% | -158.0% |
| Item | Amount |
|---|---|
| REVENUE | $619M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $164M |
| SG&A Expenses | $166M |
| Other Expenses | $80M |
| Operating Expenses | $247M |
| Cost & Expenses | $433M |
| OPERATING INCOME | $187M |
| Interest Income | $544M |
| Interest Expense | $193M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $14M |
| EBIT | $187M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $619M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $164M |
| SG&A Expenses | $166M |
| Other Expenses | $80M |
| Operating Expenses | $247M |
| Cost & Expenses | $433M |
| OPERATING INCOME | $187M |
| Interest Income | $544M |
| Interest Expense | $193M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $14M |
| EBIT | $187M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$300M |
| Change in Working Capital | -$120M |
| OPERATING CASH FLOW | -$247M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $256M |
| Other Investing Activities | -$311M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$605.0K |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $539M |
| NET CASH FROM FINANCING | $498M |
| FREE CASH FLOW | -$254M |
| Net Change in Cash | $96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564M |
| Short-Term Investments | $4.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $507M |
| Goodwill | $1.9B |
| Intangible Assets | $155M |
| Long-Term Investments | $35.9B |
| Tax Assets | $122M |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $41.0B |
| TOTAL ASSETS | $46.1B |
| Account Payables | $0 |
| Short-Term Debt | $538M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.6B |
| TOTAL CURRENT LIABILITIES | $38.2B |
| Long-Term Debt | $692M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $40.2B |
| Common Stock | $191M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$480M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $46.1B |
| Total Debt | $1.2B |
| Net Debt | $666M |
