| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $709M | $637M | $741M | 11.3% | -4.3% |
| Op. Income | $189M | $134M | $200M | 41.3% | -5.4% |
| Gross Margin | 59.3% | 58.9% | 59.3% | 0.4pp | -0.0pp |
| Net Margin | 20.1% | 16.0% | 20.3% | 4.1pp | -0.2pp |
| EPS (Diluted) | $2.40 | $1.72 | $2.55 | 39.5% | -5.9% |
| Free Cash Flow | $18M | $234M | -$28M | -92.1% | 164.7% |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $420M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $12M |
| Operating Expenses | $231M |
| Cost & Expenses | $519M |
| OPERATING INCOME | $189M |
| Interest Income | $4M |
| Interest Expense | $24M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $47M |
| EBIT | $193M |
| EBITDA | $240M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $709M |
| Cost of Revenue | $288M |
| GROSS PROFIT | $420M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $12M |
| Operating Expenses | $231M |
| Cost & Expenses | $519M |
| OPERATING INCOME | $189M |
| Interest Income | $4M |
| Interest Expense | $24M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $47M |
| EBIT | $193M |
| EBITDA | $240M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$495.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$146M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$932.0K |
| Sales/Maturities of Investments | $921.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$245.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $934.0K |
| Net Receivables | $610M |
| Inventory | $523M |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $717M |
| Goodwill | $1.3B |
| Intangible Assets | $596M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $78M |
| Short-Term Debt | $0 |
| Deferred Revenue | $317M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $763M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $9.4B |
| Treasury Stock | -$10.1B |
| Accum. Other Comp. Income | -$148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
