| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.5B | 7.0% | 0.2% |
| Op. Income | $82M | $73M | $76M | 11.5% | 6.8% |
| Gross Margin | 14.5% | 14.8% | 12.8% | -0.2pp | 1.7pp |
| Net Margin | 4.6% | 4.3% | 4.4% | 0.3pp | 0.2pp |
| EPS (Diluted) | $0.27 | $0.24 | $0.26 | 12.5% | 3.8% |
| Free Cash Flow | $58M | $66M | $63M | -11.7% | -7.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $212M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $82M |
| Interest Income | $18M |
| Interest Expense | $16M |
| Other Income/Expenses | $43.0K |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $150M |
| EBIT | $97M |
| EBITDA | $247M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $212M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $82M |
| Interest Income | $18M |
| Interest Expense | $16M |
| Other Income/Expenses | $43.0K |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $150M |
| EBIT | $97M |
| EBITDA | $247M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $150M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $225M |
| Capital Expenditure | -$166M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $157M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $466M |
| Net Receivables | $1.1B |
| Inventory | $379M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $3.6B |
| Goodwill | $18M |
| Intangible Assets | $0 |
| Long-Term Investments | $762.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $124M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $735M |
| Short-Term Debt | $235M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $355M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $217M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $293.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$224M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $34M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $1.3B |
| Net Debt | $214M |
