| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $391M | $387M | $376M | 0.9% | 3.8% |
| Op. Income | $269M | $266M | $254M | 1.2% | 5.9% |
| Gross Margin | 88.0% | 87.8% | 87.1% | 0.2pp | 0.9pp |
| Net Margin | 51.5% | 51.4% | 50.1% | 0.2pp | 1.4pp |
| EPS (Diluted) | $2.07 | $2.01 | $1.83 | 3.0% | 13.1% |
| Free Cash Flow | $248M | $151M | $217M | 63.9% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $344M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $269M |
| Interest Income | $9M |
| Interest Expense | $19M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $261M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $9M |
| EBIT | $280M |
| EBITDA | $289M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $344M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $269M |
| Interest Income | $9M |
| Interest Expense | $19M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $261M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $9M |
| EBIT | $280M |
| EBITDA | $289M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $253M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$216M |
| Sales/Maturities of Investments | $282M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$303M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$299M |
| FREE CASH FLOW | $248M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $378M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $900.0K |
| TOTAL CURRENT ASSETS | $717M |
| PP&E (Net) | $235M |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $286M |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $745M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $8M |
| Short-Term Debt | $300M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $328M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $10.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$12.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.9B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $1.8B |
| Net Debt | $1.5B |
