| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $876M | $871M | $957M | 0.6% | -8.5% |
| Op. Income | $116M | $62M | $121M | 89.0% | -4.0% |
| Gross Margin | 65.7% | 62.7% | 61.7% | 3.0pp | 4.1pp |
| Net Margin | 4.6% | 151.2% | 7.8% | -146.5pp | -3.2pp |
| EPS (Diluted) | $0.16 | $5.34 | $0.30 | -97.0% | -46.7% |
| Free Cash Flow | $89M | $73M | $134M | 20.7% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $876M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $576M |
| R&D Expenses | $156M |
| Selling & Marketing | $147M |
| General & Administrative | $128M |
| SG&A Expenses | $275M |
| Other Expenses | $29M |
| Operating Expenses | $459M |
| Cost & Expenses | $759M |
| OPERATING INCOME | $116M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $53M |
| EBIT | $87M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $876M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $576M |
| R&D Expenses | $156M |
| Selling & Marketing | $147M |
| General & Administrative | $128M |
| SG&A Expenses | $275M |
| Other Expenses | $29M |
| Operating Expenses | $459M |
| Cost & Expenses | $759M |
| OPERATING INCOME | $116M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $53M |
| EBIT | $87M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$700.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $526M |
| Inventory | $192M |
| Other Current Assets | $461M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $317M |
| Goodwill | $5.1B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $425M |
| Tax Assets | $312M |
| Other Non-Current Assets | $258M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $177M |
| Short-Term Debt | $400M |
| Deferred Revenue | $662M |
| Other Current Liabilities | $434M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $95M |
| Deferred Tax Liabilities | $236M |
| Other Non-Current Liabilities | $162M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $1.9B |
| Net Debt | $875M |
