| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $680M | $674M | $601M | 0.9% | 13.2% |
| Op. Income | $145M | $136M | $81M | 6.8% | 79.2% |
| Gross Margin | 55.2% | 51.3% | 55.7% | 3.9pp | -0.6pp |
| Net Margin | 17.6% | 16.3% | 11.8% | 1.4pp | 5.8pp |
| EPS (Diluted) | $2.44 | $2.23 | $1.45 | 9.4% | 68.3% |
| Free Cash Flow | -$77M | $118M | $81M | -165.5% | -194.9% |
| Item | Amount |
|---|---|
| REVENUE | $680M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $161M |
| SG&A Expenses | $170M |
| Other Expenses | $60M |
| Operating Expenses | $230M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $145M |
| Interest Income | $555M |
| Interest Expense | $286M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $13M |
| EBIT | $145M |
| EBITDA | $158M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $680M |
| Cost of Revenue | $305M |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $161M |
| SG&A Expenses | $170M |
| Other Expenses | $60M |
| Operating Expenses | $230M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $145M |
| Interest Income | $555M |
| Interest Expense | $286M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $145M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $13M |
| EBIT | $145M |
| EBITDA | $158M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | -$250M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $424M |
| Other Investing Activities | -$841M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $4.0B |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | -$77M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $7.8B |
| Net Receivables | $425M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.8B |
| PP&E (Net) | $205M |
| Goodwill | $207M |
| Intangible Assets | $81M |
| Long-Term Investments | $31.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $33.7B |
| TOTAL ASSETS | $50.4B |
| Account Payables | $0 |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43.1B |
| TOTAL CURRENT LIABILITIES | $46.1B |
| Long-Term Debt | $385M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $438M |
| TOTAL NON-CURRENT LIABILITIES | $823M |
| TOTAL LIABILITIES | $46.9B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$336M |
| Accum. Other Comp. Income | -$573M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $50.4B |
| Total Debt | $3.0B |
| Net Debt | -$5.6B |
