| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.0B | 4.2% | 4.0% |
| Op. Income | $245M | $230M | $278M | 6.6% | -12.1% |
| Gross Margin | 55.9% | 54.5% | 62.8% | 1.4pp | -6.9pp |
| Net Margin | 18.2% | 17.8% | 22.2% | 0.3pp | -4.0pp |
| EPS (Diluted) | $1.10 | $1.03 | $1.28 | 6.8% | -14.1% |
| Free Cash Flow | $35M | $216M | $413M | -83.6% | -91.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $468M |
| GROSS PROFIT | $594M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $210M |
| SG&A Expenses | $214M |
| Other Expenses | $135M |
| Operating Expenses | $349M |
| Cost & Expenses | $817M |
| OPERATING INCOME | $245M |
| Interest Income | $1.0B |
| Interest Expense | $414M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $16M |
| EBIT | $245M |
| EBITDA | $261M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $468M |
| GROSS PROFIT | $594M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $210M |
| SG&A Expenses | $214M |
| Other Expenses | $135M |
| Operating Expenses | $349M |
| Cost & Expenses | $817M |
| OPERATING INCOME | $245M |
| Interest Income | $1.0B |
| Interest Expense | $414M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $245M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $193M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $193M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $16M |
| EBIT | $245M |
| EBITDA | $261M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $193M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$279M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $598M |
| Other Investing Activities | -$274M |
| NET CASH FROM INVESTING | -$716M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$250.0K |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $2.1B |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $27M |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $411M |
| Goodwill | $2.9B |
| Intangible Assets | $344M |
| Long-Term Investments | $67.3B |
| Tax Assets | $273M |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $75.0B |
| TOTAL ASSETS | $79.5B |
| Account Payables | $0 |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.5B |
| TOTAL CURRENT LIABILITIES | $67.7B |
| Long-Term Debt | $921M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $70.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$535M |
| Accum. Other Comp. Income | -$373M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $79.5B |
| Total Debt | $4.1B |
| Net Debt | $940M |
