| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $956M | 3.1% | 31.3% |
| Op. Income | $191M | $167M | -$12M | 14.4% | 1691.7% |
| Gross Margin | 48.8% | 48.4% | 44.7% | 0.4pp | 4.2pp |
| Net Margin | 10.9% | 9.3% | -1.6% | 1.6pp | 12.5pp |
| EPS (Diluted) | $2.64 | $2.18 | $-0.29 | 21.1% | 1010.3% |
| Free Cash Flow | $277M | $278M | -$49M | -0.4% | 665.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $642M |
| GROSS PROFIT | $613M |
| R&D Expenses | $141M |
| Selling & Marketing | $151M |
| General & Administrative | $96M |
| SG&A Expenses | $247M |
| Other Expenses | $34M |
| Operating Expenses | $422M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $45M |
| EBIT | $180M |
| EBITDA | $225M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $642M |
| GROSS PROFIT | $613M |
| R&D Expenses | $141M |
| Selling & Marketing | $151M |
| General & Administrative | $96M |
| SG&A Expenses | $247M |
| Other Expenses | $34M |
| Operating Expenses | $422M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $191M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $137M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $137M |
| D&A | $45M |
| EBIT | $180M |
| EBITDA | $225M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $137M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $277M |
| Net Change in Cash | $265M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $676M |
| Short-Term Investments | $0 |
| Net Receivables | $709M |
| Inventory | $639M |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $475M |
| Goodwill | $3.9B |
| Intangible Assets | $447M |
| Long-Term Investments | $110M |
| Tax Assets | $501M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $533M |
| Short-Term Debt | $89M |
| Deferred Revenue | $432M |
| Other Current Liabilities | $253M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $304M |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $653M |
| Retained Earnings | $4.7B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $2.4B |
| Net Debt | $1.7B |
