| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $960M | -2.0% | 6.8% |
| Op. Income | $313M | $321M | $208M | -2.5% | 50.5% |
| Gross Margin | 42.6% | 42.0% | 35.7% | 0.6pp | 7.0pp |
| Net Margin | 22.6% | 23.5% | 17.8% | -0.9pp | 4.8pp |
| EPS (Diluted) | $0.15 | $0.16 | $0.11 | -7.4% | 35.1% |
| Free Cash Flow | $316M | $430M | $211M | -26.5% | 50.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $588M |
| GROSS PROFIT | $437M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $146M |
| SG&A Expenses | $178M |
| Other Expenses | -$54M |
| Operating Expenses | $124M |
| Cost & Expenses | $712M |
| OPERATING INCOME | $313M |
| Interest Income | $44M |
| Interest Expense | $14M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $303M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $26M |
| EBIT | $270M |
| EBITDA | $296M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $588M |
| GROSS PROFIT | $437M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $146M |
| SG&A Expenses | $178M |
| Other Expenses | -$54M |
| Operating Expenses | $124M |
| Cost & Expenses | $712M |
| OPERATING INCOME | $313M |
| Interest Income | $44M |
| Interest Expense | $14M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $303M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $250M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $26M |
| EBIT | $270M |
| EBITDA | $296M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $231M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $316M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$488M |
| NET CASH FROM INVESTING | -$488M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$129M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $316M |
| Net Change in Cash | -$298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $2.7B |
| Net Receivables | $429M |
| Inventory | $3M |
| Other Current Assets | $440M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $148M |
| Goodwill | $2.9B |
| Intangible Assets | $640M |
| Long-Term Investments | $3.5B |
| Tax Assets | $57M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $953M |
| Short-Term Debt | $307M |
| Deferred Revenue | $428M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $509M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $601M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $292.2K |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $2.4B |
| Other Equity | -$75M |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $255M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $866M |
| Net Debt | -$626M |
