| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $209M | $226M | 2.7% | -4.8% |
| Op. Income | $47M | $45M | $55M | 4.1% | -14.8% |
| Gross Margin | 54.1% | 53.2% | 53.3% | 0.9pp | 0.8pp |
| Net Margin | 14.8% | 20.2% | 18.1% | -5.4pp | -3.3pp |
| EPS (Diluted) | $4.65 | $6.10 | $5.71 | -23.8% | -18.6% |
| Free Cash Flow | $107M | $74M | $69M | 44.0% | 55.5% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $47M |
| Operating Expenses | $69M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $47M |
| Interest Income | $48M |
| Interest Expense | $39M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $16M |
| EBIT | $83M |
| EBITDA | $99M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $0 |
| SG&A Expenses | $22M |
| Other Expenses | $47M |
| Operating Expenses | $69M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $47M |
| Interest Income | $48M |
| Interest Expense | $39M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $16M |
| EBIT | $83M |
| EBITDA | $99M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $49M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $156M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $219M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $461M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $911.0K |
| TOTAL CURRENT ASSETS | $569M |
| PP&E (Net) | $100M |
| Goodwill | $397M |
| Intangible Assets | $339M |
| Long-Term Investments | $2.4B |
| Tax Assets | $19M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $148M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $322M |
| Treasury Stock | -$740M |
| Accum. Other Comp. Income | $598.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $919M |
| Minority Interest | $104M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $2.5B |
| Net Debt | $2.1B |
