| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 1.0% | 7.3% |
| Op. Income | $325M | $328M | $306M | -0.8% | 6.1% |
| Gross Margin | 48.0% | 48.1% | 47.9% | -0.1pp | 0.1pp |
| Net Margin | 11.2% | 13.1% | 11.4% | -1.9pp | -0.2pp |
| EPS (Diluted) | $0.65 | $0.75 | $0.61 | -13.3% | 6.6% |
| Free Cash Flow | $261M | $325M | $182M | -19.6% | 43.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $762M |
| GROSS PROFIT | $704M |
| R&D Expenses | $131M |
| Selling & Marketing | $144M |
| General & Administrative | $104M |
| SG&A Expenses | $248M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $325M |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $171M |
| EBIT | $334M |
| EBITDA | $506M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $762M |
| GROSS PROFIT | $704M |
| R&D Expenses | $131M |
| Selling & Marketing | $144M |
| General & Administrative | $104M |
| SG&A Expenses | $248M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $325M |
| Interest Income | $0 |
| Interest Expense | $110M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $171M |
| EBIT | $334M |
| EBITDA | $506M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $171M |
| Stock-Based Compensation | $52M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $337M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$649M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $100.0K |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$719M |
| Net Debt Issuance | $590M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | -$63M |
| Other Financing Activities | $370M |
| NET CASH FROM FINANCING | $808M |
| FREE CASH FLOW | $261M |
| Net Change in Cash | $432M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $695M |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $503M |
| Goodwill | $9.4B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $512M |
| Tax Assets | $0 |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $14.5B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $44M |
| Short-Term Debt | $47M |
| Deferred Revenue | $464M |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $796M |
| Other Non-Current Liabilities | $203M |
| TOTAL NON-CURRENT LIABILITIES | $8.3B |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $3.5B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$312M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $74M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $7.4B |
| Net Debt | $6.7B |
