| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B | — | 2.8% | — |
| Op. Income | $65M | -$10M | — | 725.5% | — |
| Gross Margin | 6.5% | 4.0% | — | 2.5pp | — |
| Net Margin | 1.3% | 0.2% | — | 1.1pp | — |
| EPS (Diluted) | $1.05 | $0.16 | — | 556.3% | — |
| Free Cash Flow | $276M | -$266M | — | 203.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $30M |
| EBIT | $67M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $182M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $30M |
| EBIT | $67M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $216M |
| OPERATING CASH FLOW | $304M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | $246M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $0 |
| Net Receivables | $744M |
| Inventory | $687M |
| Other Current Assets | $289M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $694M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $356M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $607M |
| Short-Term Debt | $32M |
| Deferred Revenue | $124M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $549M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $695M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $378M |
| Retained Earnings | $911M |
| Treasury Stock | -$631.0K |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $210M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $581M |
| Net Debt | $51M |
