| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | 4.9% | 13.9% |
| Op. Income | $252M | $248M | $278M | 1.7% | -9.3% |
| Gross Margin | 59.0% | 57.6% | 60.3% | 1.3pp | -1.3pp |
| Net Margin | 15.3% | 15.5% | 18.9% | -0.3pp | -3.6pp |
| EPS (Diluted) | $1.80 | $1.75 | $1.97 | 2.9% | -8.6% |
| Free Cash Flow | -$1.1B | -$762M | -$596M | -43.1% | -82.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $537M |
| GROSS PROFIT | $771M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $158M |
| SG&A Expenses | $168M |
| Other Expenses | $351M |
| Operating Expenses | $519M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $252M |
| Interest Income | $1.2B |
| Interest Expense | $503M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $28M |
| EBIT | $252M |
| EBITDA | $281M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $537M |
| GROSS PROFIT | $771M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $158M |
| SG&A Expenses | $168M |
| Other Expenses | $351M |
| Operating Expenses | $519M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $252M |
| Interest Income | $1.2B |
| Interest Expense | $503M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $200M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $28M |
| EBIT | $252M |
| EBITDA | $281M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $200M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | -$26M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | -$990M |
| Change in Working Capital | -$247M |
| OPERATING CASH FLOW | -$1.1B |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.6B |
| Sales/Maturities of Investments | $4.8B |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$395M |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $5.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $481M |
| Goodwill | $661M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $67.2B |
| Tax Assets | $254M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $72.4B |
| TOTAL ASSETS | $80.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68.0B |
| TOTAL CURRENT LIABILITIES | $69.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $73.4B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.7B |
| Treasury Stock | -$125M |
| Accum. Other Comp. Income | -$382M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $80.1B |
| Total Debt | $4.1B |
| Net Debt | $1.5B |
