| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $835M | $787M | $718M | 6.2% | 16.3% |
| Op. Income | $121M | $103M | $46M | 17.0% | 165.2% |
| Gross Margin | 28.1% | 26.0% | 22.1% | 2.1pp | 5.9pp |
| Net Margin | 11.7% | 11.4% | 4.9% | 0.2pp | 6.7pp |
| EPS (Diluted) | $1.56 | $1.46 | $0.58 | 6.8% | 169.0% |
| Free Cash Flow | $83M | $5M | $15M | 1564.5% | 448.9% |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $601M |
| GROSS PROFIT | $234M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $715M |
| OPERATING INCOME | $121M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$202.0K |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $29M |
| EBIT | $121M |
| EBITDA | $150M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $835M |
| Cost of Revenue | $601M |
| GROSS PROFIT | $234M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $715M |
| OPERATING INCOME | $121M |
| Interest Income | $1M |
| Interest Expense | $12M |
| Other Income/Expenses | -$202.0K |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $29M |
| EBIT | $121M |
| EBITDA | $150M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$863.0K |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $615.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $76M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $89M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $173M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $0 |
| Net Receivables | $865M |
| Inventory | $580M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $945M |
| Goodwill | $797M |
| Intangible Assets | $443M |
| Long-Term Investments | $55M |
| Tax Assets | $59M |
| Other Non-Current Assets | $255M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $259M |
| Short-Term Debt | $147M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $692M |
| Long-Term Debt | $647M |
| Deferred Revenue NC | $427M |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $374M |
| Retained Earnings | $3.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $815M |
| Net Debt | $498M |
