| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $915M | 12.2% | 29.9% |
| Op. Income | $18M | -$49M | -$162M | 136.3% | 111.0% |
| Gross Margin | 82.1% | 81.6% | 81.6% | 0.4pp | 0.5pp |
| Net Margin | 1.1% | -8.0% | -22.8% | 9.0pp | 23.9pp |
| EPS (Diluted) | $0.05 | $-0.33 | $-0.81 | 114.8% | 106.0% |
| Free Cash Flow | $555M | $284M | $350M | 95.2% | 58.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $213M |
| GROSS PROFIT | $976M |
| R&D Expenses | $576M |
| Selling & Marketing | $224M |
| General & Administrative | $158M |
| SG&A Expenses | $381M |
| Other Expenses | $0 |
| Operating Expenses | $958M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $18M |
| Interest Income | $21M |
| Interest Expense | $8M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $23M |
| EBIT | $28M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $213M |
| GROSS PROFIT | $976M |
| R&D Expenses | $576M |
| Selling & Marketing | $224M |
| General & Administrative | $158M |
| SG&A Expenses | $381M |
| Other Expenses | $0 |
| Operating Expenses | $958M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $18M |
| Interest Income | $21M |
| Interest Expense | $8M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $23M |
| EBIT | $28M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $283M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $195.8K |
| Change in Working Capital | $243M |
| OPERATING CASH FLOW | $565M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $555M |
| Net Change in Cash | $488M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $163M |
| Net Receivables | $646M |
| Inventory | $0 |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $262M |
| Goodwill | $1.3B |
| Intangible Assets | $313M |
| Long-Term Investments | $220M |
| Tax Assets | $3M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $188M |
| Short-Term Debt | $50M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $279M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $925M |
| Deferred Revenue NC | $257M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.2B |
| Net Debt | -$703M |
