| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $220M | $233M | 13.9% | 7.4% |
| Op. Income | $18M | $21M | $17M | -12.2% | 5.6% |
| Gross Margin | 58.3% | 58.5% | 59.6% | -0.2pp | -1.3pp |
| Net Margin | 7.0% | 1.6% | 12.2% | 5.4pp | -5.2pp |
| EPS (Diluted) | $0.50 | $0.10 | $0.79 | 400.0% | -36.7% |
| Free Cash Flow | -$27M | $18M | -$6M | -249.5% | -328.3% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $146M |
| R&D Expenses | $29M |
| Selling & Marketing | $55M |
| General & Administrative | $44M |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$622.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$88.0K |
| 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 | $22M |
| EBIT | $22M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $146M |
| R&D Expenses | $29M |
| Selling & Marketing | $55M |
| General & Administrative | $44M |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$622.0K |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$88.0K |
| 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 | $22M |
| EBIT | $22M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$160M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $213M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $83M |
| Goodwill | $607M |
| Intangible Assets | $246M |
| Long-Term Investments | $51M |
| Tax Assets | $50M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $15M |
| Short-Term Debt | $159M |
| Deferred Revenue | $226M |
| Other Current Liabilities | $222M |
| TOTAL CURRENT LIABILITIES | $663M |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $163M |
| TOTAL LIABILITIES | $826M |
| Common Stock | $403.0K |
| Additional Paid-In Capital | $454M |
| Retained Earnings | $348M |
| Treasury Stock | -$270M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $523M |
| Minority Interest | $0 |
| TOTAL EQUITY | $523M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $304M |
| Net Debt | $173M |
