| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $372M | $327M | 1.9% | 15.8% |
| Op. Income | $86M | $81M | $82M | 6.4% | 5.5% |
| Gross Margin | 60.3% | 59.5% | 63.8% | 0.8pp | -3.6pp |
| Net Margin | 17.6% | 16.9% | 19.4% | 0.7pp | -1.8pp |
| EPS (Diluted) | $0.54 | $0.51 | $0.53 | 5.9% | 1.9% |
| Free Cash Flow | $87M | $75M | $74M | 16.2% | 18.3% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $90M |
| SG&A Expenses | $93M |
| Other Expenses | $49M |
| Operating Expenses | $142M |
| Cost & Expenses | $293M |
| OPERATING INCOME | $86M |
| Interest Income | $347M |
| Interest Expense | $138M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $10M |
| EBIT | $86M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $90M |
| SG&A Expenses | $93M |
| Other Expenses | $49M |
| Operating Expenses | $142M |
| Cost & Expenses | $293M |
| OPERATING INCOME | $86M |
| Interest Income | $347M |
| Interest Expense | $138M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $10M |
| EBIT | $86M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$426M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | $158M |
| NET CASH FROM INVESTING | -$125M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$350M |
| NET CASH FROM FINANCING | -$379M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$399M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $563M |
| Short-Term Investments | $3.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $395M |
| Goodwill | $916M |
| Intangible Assets | $62M |
| Long-Term Investments | $20.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $22.9B |
| TOTAL ASSETS | $27.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.0B |
| TOTAL CURRENT LIABILITIES | $23.0B |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $408M |
| TOTAL NON-CURRENT LIABILITIES | $732M |
| TOTAL LIABILITIES | $23.7B |
| Common Stock | $119M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $652M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$235M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $27.1B |
| Total Debt | $325M |
| Net Debt | -$238M |
