| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $5.2B | $5.0B | -41.1% | -39.7% |
| Op. Income | $92M | $2.0B | $1.8B | -95.4% | -94.9% |
| Gross Margin | 15.8% | 45.3% | 100.0% | -29.5pp | -84.2pp |
| Net Margin | -3.1% | 34.0% | 31.2% | -37.1pp | -34.2pp |
| EPS (Diluted) | $-0.17 | $3.10 | $2.64 | -105.5% | -106.4% |
| Free Cash Flow | $1.3B | $255M | $1.3B | 398.0% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $387M |
| Operating Expenses | $387M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $92M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $185M |
| Net Income from Continuing Ops | -$93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$93M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$93M |
| D&A | $0 |
| EBIT | $92M |
| EBITDA | $92M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$93M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$647M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$270M |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$826M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$448M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.6B |
| Short-Term Investments | $5.1B |
| Net Receivables | $814M |
| Inventory | $0 |
| Other Current Assets | -$11.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $421M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $90.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$91.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $128.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$454M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$8.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $103.6B |
| Common Stock | $136M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $51.0B |
| Treasury Stock | -$25.5B |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.8B |
| TOTAL LIABILITIES & EQUITY | $128.4B |
| Total Debt | $8.0B |
| Net Debt | $2.4B |
