| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | $379M | $350M | -7.4% | 0.2% |
| Op. Income | $60M | $86M | $60M | -30.5% | -0.0% |
| Gross Margin | 56.0% | 60.3% | 56.9% | -4.3pp | -0.9pp |
| Net Margin | 13.5% | 17.6% | 13.7% | -4.1pp | -0.2pp |
| EPS (Diluted) | $0.38 | $0.54 | $0.39 | -29.6% | -2.6% |
| Free Cash Flow | -$2M | $87M | $72M | -102.5% | -103.1% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $196M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $89M |
| SG&A Expenses | $91M |
| Other Expenses | $46M |
| Operating Expenses | $136M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $60M |
| Interest Income | $349M |
| Interest Expense | $140M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $11M |
| EBIT | $60M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $196M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $89M |
| SG&A Expenses | $91M |
| Other Expenses | $46M |
| Operating Expenses | $136M |
| Cost & Expenses | $291M |
| OPERATING INCOME | $60M |
| Interest Income | $349M |
| Interest Expense | $140M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $11M |
| EBIT | $60M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$439M |
| Sales/Maturities of Investments | $154M |
| Other Investing Activities | $231M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $270M |
| NET CASH FROM FINANCING | $233M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $740M |
| Short-Term Investments | $4.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $397M |
| Goodwill | $916M |
| Intangible Assets | $59M |
| Long-Term Investments | $20.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $22.6B |
| TOTAL ASSETS | $27.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.3B |
| TOTAL CURRENT LIABILITIES | $23.3B |
| Long-Term Debt | $316M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $397M |
| TOTAL NON-CURRENT LIABILITIES | $713M |
| TOTAL LIABILITIES | $24.0B |
| Common Stock | $119M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $669M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $13M |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $27.4B |
| Total Debt | $316M |
| Net Debt | -$424M |
