| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.0B | 5.1% | 26.5% |
| Op. Income | $34M | $5M | -$59M | 580.0% | 157.6% |
| Gross Margin | 24.7% | 23.0% | 21.9% | 1.6pp | 2.8pp |
| Net Margin | 4.3% | 1.1% | -3.0% | 3.2pp | 7.3pp |
| EPS (Diluted) | $0.07 | $0.02 | $-0.09 | 184.9% | 174.2% |
| Free Cash Flow | $97M | $108M | $38M | -10.2% | 155.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $983M |
| GROSS PROFIT | $322M |
| R&D Expenses | $89M |
| Selling & Marketing | $119M |
| General & Administrative | $80M |
| SG&A Expenses | $199M |
| Other Expenses | $0 |
| Operating Expenses | $288M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $34M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $16M |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $12M |
| EBIT | $34M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $983M |
| GROSS PROFIT | $322M |
| R&D Expenses | $89M |
| Selling & Marketing | $119M |
| General & Administrative | $80M |
| SG&A Expenses | $199M |
| Other Expenses | $0 |
| Operating Expenses | $288M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $34M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $16M |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $12M |
| EBIT | $34M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $65M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $98M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $761M |
| Short-Term Investments | $511M |
| Net Receivables | $174M |
| Inventory | $106M |
| Other Current Assets | $149M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $126M |
| Goodwill | $113M |
| Intangible Assets | $22M |
| Long-Term Investments | $56M |
| Tax Assets | $0 |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $495M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $30M |
| Short-Term Debt | $11M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $555M |
| TOTAL CURRENT LIABILITIES | $748M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $807M |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $38M |
| Net Debt | -$723M |
