| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $395M | $391M | $380M | 1.2% | 3.9% |
| Op. Income | $264M | $269M | $256M | -2.0% | 2.9% |
| Gross Margin | 87.8% | 88.0% | 87.3% | -0.3pp | 0.5pp |
| Net Margin | 48.4% | 51.5% | 69.6% | -3.1pp | -21.2pp |
| EPS (Diluted) | $2.00 | $2.07 | $2.60 | -3.4% | -23.1% |
| Free Cash Flow | $222M | $248M | $199M | -10.4% | 11.4% |
| Item | Amount |
|---|---|
| REVENUE | $395M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $347M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $264M |
| Interest Income | $7M |
| Interest Expense | $19M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $9M |
| EBIT | $267M |
| EBITDA | $276M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $395M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $347M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $264M |
| Interest Income | $7M |
| Interest Expense | $19M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $9M |
| EBIT | $267M |
| EBITDA | $276M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $232M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$197M |
| Sales/Maturities of Investments | $186M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$262M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$271M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $393M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $664M |
| PP&E (Net) | $234M |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $281M |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $743M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $11M |
| Short-Term Debt | $300M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $331M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $10.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$12.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.0B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $1.8B |
| Net Debt | $1.6B |
