| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $532M | $497M | $533M | 7.0% | -0.2% |
| Op. Income | $70M | $36M | $64M | 94.4% | 9.4% |
| Gross Margin | 91.2% | 92.0% | 91.9% | -0.8pp | -0.8pp |
| Net Margin | 7.3% | 4.8% | 5.1% | 2.5pp | 2.3pp |
| EPS (Diluted) | $0.27 | $0.17 | $0.19 | 58.8% | 42.1% |
| Free Cash Flow | -$12M | $36M | -$2M | -133.3% | -500.0% |
| Item | Amount |
|---|---|
| REVENUE | $532M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $485M |
| R&D Expenses | $73M |
| Selling & Marketing | $271M |
| General & Administrative | $51M |
| SG&A Expenses | $322M |
| Other Expenses | $20M |
| Operating Expenses | $415M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $70M |
| Interest Income | $13M |
| Interest Expense | $13M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $21M |
| EBIT | $79M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $532M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $485M |
| R&D Expenses | $73M |
| Selling & Marketing | $271M |
| General & Administrative | $51M |
| SG&A Expenses | $322M |
| Other Expenses | $20M |
| Operating Expenses | $415M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $70M |
| Interest Income | $13M |
| Interest Expense | $13M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $21M |
| EBIT | $79M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$123M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | $31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$51M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $289M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $215M |
| Goodwill | $834M |
| Intangible Assets | $37M |
| Long-Term Investments | $31M |
| Tax Assets | $110M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $75M |
| Short-Term Debt | $5M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $792M |
| Long-Term Debt | $832M |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $997M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $275M |
| Treasury Stock | -$847M |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $944M |
| Minority Interest | $0 |
| TOTAL EQUITY | $944M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $909M |
| Net Debt | -$203M |
