| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $563M | $533M | — | 5.7% | — |
| Op. Income | $277M | $262M | — | 6.1% | — |
| Gross Margin | 75.1% | 74.9% | — | 0.1pp | — |
| Net Margin | 17.8% | 14.1% | — | 3.7pp | — |
| EPS (Diluted) | $0.32 | $0.24 | — | 33.9% | — |
| Free Cash Flow | -$214M | -$560M | — | 61.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $563M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $423M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $41M |
| SG&A Expenses | $132M |
| Other Expenses | $13M |
| Operating Expenses | $145M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $277M |
| Interest Income | $23M |
| Interest Expense | $51M |
| Other Income/Expenses | -$148M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $29M |
| NET INCOME | $100M |
| D&A | $34M |
| EBIT | $276M |
| EBITDA | $310M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $563M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $423M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $41M |
| SG&A Expenses | $132M |
| Other Expenses | $13M |
| Operating Expenses | $145M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $277M |
| Interest Income | $23M |
| Interest Expense | $51M |
| Other Income/Expenses | -$148M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $29M |
| NET INCOME | $100M |
| D&A | $34M |
| EBIT | $276M |
| EBITDA | $310M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $404.7K |
| Other Non-Cash Items | $147M |
| Change in Working Capital | -$450M |
| OPERATING CASH FLOW | -$144M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $84M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $178M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | -$214M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $956M |
| Short-Term Investments | $1.4B |
| Net Receivables | $5.8B |
| Inventory | $0 |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $8.2B |
| PP&E (Net) | $348M |
| Goodwill | $1.1B |
| Intangible Assets | $658M |
| Long-Term Investments | $22M |
| Tax Assets | $152M |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $106M |
| Short-Term Debt | $612M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $124M |
| Other Non-Current Liabilities | $119M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $15.3K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $411M |
| Treasury Stock | -$99M |
| Accum. Other Comp. Income | $2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $11M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $1.9B |
| Net Debt | $911M |
