| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $753M | $737M | $671M | 2.1% | 12.3% |
| Op. Income | $154M | $152M | $124M | 1.0% | 23.5% |
| Gross Margin | 59.4% | 59.2% | 56.6% | 0.2pp | 2.8pp |
| Net Margin | 19.4% | 19.8% | 17.5% | -0.3pp | 2.0pp |
| EPS (Diluted) | $0.90 | $0.89 | $0.72 | 0.7% | 24.5% |
| Free Cash Flow | $225M | $114M | $204M | 96.8% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $753M |
| Cost of Revenue | $306M |
| GROSS PROFIT | $447M |
| R&D Expenses | $128M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $10M |
| Operating Expenses | $294M |
| Cost & Expenses | $599M |
| OPERATING INCOME | $154M |
| Interest Income | $5M |
| Interest Expense | $589.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $5M |
| 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 | $31M |
| EBIT | $158M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $753M |
| Cost of Revenue | $306M |
| GROSS PROFIT | $447M |
| R&D Expenses | $128M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $10M |
| Operating Expenses | $294M |
| Cost & Expenses | $599M |
| OPERATING INCOME | $154M |
| Interest Income | $5M |
| Interest Expense | $589.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $5M |
| 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 | $31M |
| EBIT | $158M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $100M |
| OPERATING CASH FLOW | $283M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$144M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$163M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $553M |
| Short-Term Investments | $46M |
| Net Receivables | $471M |
| Inventory | $664M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $578M |
| Goodwill | $395M |
| Intangible Assets | $16M |
| Long-Term Investments | $619M |
| Tax Assets | $222M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $135M |
| Short-Term Debt | $19M |
| Deferred Revenue | $108M |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $625M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $889M |
| Common Stock | $20M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $971M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $135M |
| Net Debt | -$419M |
