| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $674M | $642M | $570M | 5.1% | 18.2% |
| Op. Income | $136M | $127M | $119M | 6.9% | 13.8% |
| Gross Margin | 51.3% | 52.1% | 55.4% | -0.8pp | -4.0pp |
| Net Margin | 16.3% | 15.8% | 16.9% | 0.5pp | -0.7pp |
| EPS (Diluted) | $2.23 | $2.07 | $1.98 | 7.7% | 12.6% |
| Free Cash Flow | $118M | $107M | $226M | 10.3% | -48.0% |
| Item | Amount |
|---|---|
| REVENUE | $674M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $147M |
| SG&A Expenses | $154M |
| Other Expenses | $56M |
| Operating Expenses | $210M |
| Cost & Expenses | $539M |
| OPERATING INCOME | $136M |
| Interest Income | $558M |
| Interest Expense | $310M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $136M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $13M |
| EBIT | $136M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $674M |
| Cost of Revenue | $328M |
| GROSS PROFIT | $346M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $147M |
| SG&A Expenses | $154M |
| Other Expenses | $56M |
| Operating Expenses | $210M |
| Cost & Expenses | $539M |
| OPERATING INCOME | $136M |
| Interest Income | $558M |
| Interest Expense | $310M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $136M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $13M |
| EBIT | $136M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $55.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$340.0K |
| Purchases of Investments | -$518M |
| Sales/Maturities of Investments | $903M |
| Other Investing Activities | -$967M |
| NET CASH FROM INVESTING | -$588M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $2.7B |
| FREE CASH FLOW | $118M |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.4B |
| Short-Term Investments | $7.0B |
| Net Receivables | $423M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.8B |
| PP&E (Net) | $222M |
| Goodwill | $207M |
| Intangible Assets | $66M |
| Long-Term Investments | $30.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $32.7B |
| TOTAL ASSETS | $47.5B |
| Account Payables | $0 |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39.7B |
| TOTAL CURRENT LIABILITIES | $42.4B |
| Long-Term Debt | $385M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $44.0B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$337M |
| Accum. Other Comp. Income | -$396M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $47.5B |
| Total Debt | $2.7B |
| Net Debt | -$4.7B |
