| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.9B | $2.8B | 6.0% | 8.2% |
| Op. Income | $341M | $322M | $211M | 5.9% | 61.6% |
| Gross Margin | 28.6% | 31.3% | 26.5% | -2.7pp | 2.1pp |
| Net Margin | 7.7% | 7.6% | 4.9% | 0.1pp | 2.8pp |
| EPS (Diluted) | $1.84 | $1.71 | $1.08 | 7.6% | 70.4% |
| Free Cash Flow | $53M | $50M | -$86M | 6.0% | 161.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $878M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $455M |
| Operating Expenses | $537M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $341M |
| Interest Income | $28M |
| Interest Expense | $37M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $328M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $139M |
| EBIT | $411M |
| EBITDA | $550M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $878M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $455M |
| Operating Expenses | $537M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $341M |
| Interest Income | $28M |
| Interest Expense | $37M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $328M |
| Income Tax Expense | $92M |
| Net Income from Continuing Ops | $236M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $236M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $236M |
| D&A | $139M |
| EBIT | $411M |
| EBITDA | $550M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $236M |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $80M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$159M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$265M |
| Acquisitions (Net) | -$659M |
| Purchases of Investments | -$265M |
| Sales/Maturities of Investments | $865M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$301M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $1.5B |
| Net Receivables | $510M |
| Inventory | $202M |
| Other Current Assets | $250M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $11.9B |
| Goodwill | $2.7B |
| Intangible Assets | $888M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $363M |
| TOTAL NON-CURRENT ASSETS | $15.8B |
| TOTAL ASSETS | $19.6B |
| Account Payables | $242M |
| Short-Term Debt | $515M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $1.6B |
| Deferred Tax Liabilities | $889M |
| Other Non-Current Liabilities | $957M |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $769M |
| Retained Earnings | $4.9B |
| Treasury Stock | -$882M |
| Accum. Other Comp. Income | -$268M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $19.6B |
| Total Debt | $6.1B |
| Net Debt | $5.1B |
