| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $628M | $585M | $493M | 7.4% | 27.3% |
| Op. Income | $108M | $95M | $38M | 14.5% | 187.9% |
| Gross Margin | 80.5% | 81.1% | 81.1% | -0.6pp | -0.6pp |
| Net Margin | 15.0% | 14.5% | 8.0% | 0.4pp | 7.0pp |
| EPS (Diluted) | $0.19 | $0.17 | $0.08 | 11.8% | 142.3% |
| Free Cash Flow | $222M | $57M | $184M | 292.3% | 21.0% |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $505M |
| R&D Expenses | $118M |
| Selling & Marketing | $140M |
| General & Administrative | $139M |
| SG&A Expenses | $279M |
| Other Expenses | $0 |
| Operating Expenses | $397M |
| Cost & Expenses | $520M |
| OPERATING INCOME | $108M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $21M |
| EBIT | $108M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $505M |
| R&D Expenses | $118M |
| Selling & Marketing | $140M |
| General & Administrative | $139M |
| SG&A Expenses | $279M |
| Other Expenses | $0 |
| Operating Expenses | $397M |
| Cost & Expenses | $520M |
| OPERATING INCOME | $108M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $127M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $21M |
| EBIT | $108M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $129M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $273M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | $212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $510M |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | $117M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $440M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $155M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $667M |
| TOTAL ASSETS | $5.5B |
| Account Payables | $2.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $293M |
| Net Debt | -$928M |
