| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776M | $764M | $735M | 1.5% | 5.6% |
| Op. Income | $63M | $80M | $92M | -21.2% | -31.0% |
| Gross Margin | 27.0% | 31.2% | 28.6% | -4.1pp | -1.5pp |
| Net Margin | 7.3% | 9.0% | 11.7% | -1.7pp | -4.4pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $189M | $70M | $23M | 170.6% | 728.5% |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $566M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $126M |
| SG&A Expenses | $126M |
| Other Expenses | $21M |
| Operating Expenses | $147M |
| Cost & Expenses | $712M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $1M |
| EBIT | $84M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $776M |
| Cost of Revenue | $566M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $126M |
| SG&A Expenses | $126M |
| Other Expenses | $21M |
| Operating Expenses | $147M |
| Cost & Expenses | $712M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $1M |
| EBIT | $84M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $151M |
| OPERATING CASH FLOW | $190M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$505M |
| Sales/Maturities of Investments | $605M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $137M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | $324M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $4.7B |
| Net Receivables | $6.3B |
| Inventory | $0 |
| Other Current Assets | -$13.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $16.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$381M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $761M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$287M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $380M |
| Net Debt | -$865M |
