| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $357M | $336M | $309M | 6.1% | 15.6% |
| Op. Income | $90M | $87M | $92M | 4.1% | -1.3% |
| Gross Margin | 69.4% | 69.8% | 75.3% | -0.4pp | -5.9pp |
| Net Margin | 19.4% | 19.5% | 22.3% | -0.1pp | -2.8pp |
| EPS (Diluted) | $1.16 | $1.09 | $1.12 | 6.4% | 3.6% |
| Free Cash Flow | $42M | $109M | $91M | -61.2% | -53.9% |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $86M |
| SG&A Expenses | $88M |
| Other Expenses | $70M |
| Operating Expenses | $157M |
| Cost & Expenses | $266M |
| OPERATING INCOME | $90M |
| Interest Income | $265M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $10M |
| EBIT | $90M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $248M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $86M |
| SG&A Expenses | $88M |
| Other Expenses | $70M |
| Operating Expenses | $157M |
| Cost & Expenses | $266M |
| OPERATING INCOME | $90M |
| Interest Income | $265M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $10M |
| EBIT | $90M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $161.0K |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $95M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $17M |
| Net Receivables | $732M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $104M |
| Goodwill | $886M |
| Intangible Assets | $110M |
| Long-Term Investments | $17.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $828M |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $20.7B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $16.3B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $776M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $18.3B |
| Common Stock | $762.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$618M |
| Accum. Other Comp. Income | -$643M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | -$11M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $20.7B |
| Total Debt | $1.1B |
| Net Debt | $123M |
