| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $737M | $730M | $704M | 1.0% | 4.8% |
| Op. Income | $152M | $210M | $144M | -27.7% | 5.6% |
| Gross Margin | 59.2% | 58.3% | 56.6% | 0.9pp | 2.6pp |
| Net Margin | 19.8% | 25.5% | 18.2% | -5.8pp | 1.5pp |
| EPS (Diluted) | $0.89 | $1.14 | $0.78 | -21.9% | 14.1% |
| Free Cash Flow | $114M | $171M | $140M | -33.2% | -18.1% |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $437M |
| R&D Expenses | $117M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $9M |
| Operating Expenses | $284M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $152M |
| Interest Income | $5M |
| Interest Expense | $808.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $30M |
| EBIT | $160M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $437M |
| R&D Expenses | $117M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $9M |
| Operating Expenses | $284M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $152M |
| Interest Income | $5M |
| Interest Expense | $808.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $158M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $30M |
| EBIT | $160M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $510M |
| Short-Term Investments | $42M |
| Net Receivables | $484M |
| Inventory | $737M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $562M |
| Goodwill | $419M |
| Intangible Assets | $21M |
| Long-Term Investments | $664M |
| Tax Assets | $202M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $158M |
| Short-Term Debt | $19M |
| Deferred Revenue | $100M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $164.0K |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $867M |
| Common Stock | $20M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $990M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $140M |
| Net Debt | -$370M |
