AI English summary of an SEC filing — figures as filed
The company said revenue for Q2 2024 was $1.061 billion, compared with $977 million in Q2 2023. GAAP diluted net income per share was $0.84, compared with $0.81 a year earlier.
Key points
AI summaryThe company said revenue for Q2 2024 was $1.061 billion, compared with $977 million in Q2 2023. GAAP diluted net income per share was $0.84, compared with $0.81 a year earlier.
The company said its GAAP operating margin for Q2 2024 was 28%, compared with 31% in Q2 2023, and its non-GAAP operating margin was 40%, compared with 42% in Q2 2023.
The company said backlog at the end of Q2 2024 was $6.0 billion, and current remaining performance obligations (cRPO), contract revenue to be recognized as revenue within the next 12 months, was $3.1 billion.
The company said it is updating full-year 2024 revenue to $4.60 billion to $4.66 billion and Q3 revenue to $1.165 billion to $1.195 billion. It presented full-year non-GAAP diluted net income per share of $5.77 to $5.97.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 2024 Revenue and GAAP Diluted EPS
The company said revenue for Q2 2024 was $1.061 billion, compared with $977 million in Q2 2023. GAAP diluted net income per share was $0.84, compared with $0.81 a year earlier.
Source · Based on the filing body and exhibits
Q2 GAAP and Non-GAAP Operating Margins
The company said its GAAP operating margin for Q2 2024 was 28%, compared with 31% in Q2 2023, and its non-GAAP operating margin was 40%, compared with 42% in Q2 2023.
Source · Based on the filing body and exhibits
Quarter-End Backlog and cRPO
The company said backlog at the end of Q2 2024 was $6.0 billion, and current remaining performance obligations (cRPO), contract revenue to be recognized as revenue within the next 12 months, was $3.1 billion.
Source · Based on the filing body and exhibits
2024 Full-Year and Q3 Revenue and Non-GAAP EPS Outlook
The company said it is updating full-year 2024 revenue to $4.60 billion to $4.66 billion and Q3 revenue to $1.165 billion to $1.195 billion. It presented full-year non-GAAP diluted net income per share of $5.77 to $5.97.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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