| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $445M | $436M | $394M | 2.0% | 12.9% |
| Op. Income | $26M | $29M | -$6M | -9.6% | 546.2% |
| Gross Margin | 68.1% | 67.5% | 67.2% | 0.6pp | 0.8pp |
| Net Margin | 6.0% | 9.1% | 1.8% | -3.0pp | 4.3pp |
| EPS (Diluted) | $0.46 | $0.66 | $0.12 | -30.3% | 283.3% |
| Free Cash Flow | $128M | $113M | $45M | 13.2% | 185.4% |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $303M |
| R&D Expenses | $125M |
| Selling & Marketing | $109M |
| General & Administrative | $43M |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $26M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $445M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $303M |
| R&D Expenses | $125M |
| Selling & Marketing | $109M |
| General & Administrative | $43M |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $277M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $26M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $61M |
| Deferred Income Tax | $30.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$192M |
| Sales/Maturities of Investments | $198M |
| Other Investing Activities | -$171.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $128M |
| Net Change in Cash | $163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $439M |
| Short-Term Investments | $522M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $537M |
| Goodwill | $49M |
| Intangible Assets | $24M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $645M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $31M |
| Short-Term Debt | $572M |
| Deferred Revenue | $657M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $92M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$950M |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$199M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$199M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $972M |
| Net Debt | $532M |
