| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $409M | $331M | $287M | 23.6% | 42.5% |
| Op. Income | $83M | $21M | $79M | 294.7% | 4.1% |
| Gross Margin | 47.1% | 46.7% | 60.7% | 0.4pp | -13.6pp |
| Net Margin | 15.8% | 4.8% | 21.5% | 11.0pp | -5.7pp |
| EPS (Diluted) | $0.75 | $0.17 | $0.89 | 341.2% | -15.7% |
| Free Cash Flow | $58M | $165M | $14M | -64.6% | 318.0% |
| Item | Amount |
|---|---|
| REVENUE | $409M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $65M |
| SG&A Expenses | $65M |
| Other Expenses | $45M |
| Operating Expenses | $110M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $83M |
| Interest Income | $392M |
| Interest Expense | $215M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | -$12M |
| EBIT | $83M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $409M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $65M |
| SG&A Expenses | $65M |
| Other Expenses | $45M |
| Operating Expenses | $110M |
| Cost & Expenses | $326M |
| OPERATING INCOME | $83M |
| Interest Income | $392M |
| Interest Expense | $215M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | -$12M |
| EBIT | $83M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | -$12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | $2.5B |
| NET CASH FROM INVESTING | $2.5B |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$159M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $987M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $2.4B |
| Net Receivables | $232M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $245M |
| Goodwill | $412M |
| Intangible Assets | $40M |
| Long-Term Investments | $21.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $940M |
| TOTAL NON-CURRENT ASSETS | $23.4B |
| TOTAL ASSETS | $28.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.9B |
| TOTAL CURRENT LIABILITIES | $21.2B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $358M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $25.6B |
| Common Stock | $154M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $28.6B |
| Total Debt | $4.1B |
| Net Debt | $1.6B |
