| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $497M | $395M | $494M | 25.8% | 0.6% |
| Op. Income | $36M | -$14M | $44M | 357.1% | -18.2% |
| Gross Margin | 92.0% | 85.6% | 91.7% | 6.4pp | 0.3pp |
| Net Margin | 4.8% | -14.9% | 4.9% | 19.8pp | -0.0pp |
| EPS (Diluted) | $0.17 | $-0.43 | $0.17 | 139.5% | 0.0% |
| Free Cash Flow | $36M | $123M | $90M | -70.7% | -60.0% |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $457M |
| R&D Expenses | $22M |
| Selling & Marketing | $204M |
| General & Administrative | $174M |
| SG&A Expenses | $378M |
| Other Expenses | $21M |
| Operating Expenses | $421M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $36M |
| Interest Income | $13M |
| Interest Expense | $11M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $21M |
| EBIT | $49M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $497M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $457M |
| R&D Expenses | $22M |
| Selling & Marketing | $204M |
| General & Administrative | $174M |
| SG&A Expenses | $378M |
| Other Expenses | $21M |
| Operating Expenses | $421M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $36M |
| Interest Income | $13M |
| Interest Expense | $11M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $21M |
| EBIT | $49M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $298M |
| Inventory | $0 |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $208M |
| Goodwill | $822M |
| Intangible Assets | $39M |
| Long-Term Investments | $31M |
| Tax Assets | $95M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $86M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $916M |
| Long-Term Debt | $841M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $236M |
| Treasury Stock | -$847M |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $857M |
| Minority Interest | $0 |
| TOTAL EQUITY | $857M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $914M |
| Net Debt | -$262M |
