| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.5B | $5.0B | 11.0% | -0.1% |
| Op. Income | $363M | $295M | $375M | 23.0% | -3.2% |
| Gross Margin | 15.7% | 15.5% | 15.3% | 0.1pp | 0.3pp |
| Net Margin | 6.1% | 5.5% | 5.7% | 0.5pp | 0.4pp |
| EPS (Diluted) | $0.14 | $0.11 | $0.13 | 24.0% | 8.5% |
| Free Cash Flow | -$20M | -$8M | $367M | -158.2% | -105.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $775M |
| R&D Expenses | $230M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $412M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $363M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $381M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $318M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $301M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $301M |
| D&A | $457M |
| EBIT | $420M |
| EBITDA | $877M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $775M |
| R&D Expenses | $230M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $412M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $363M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $381M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $318M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $301M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $301M |
| D&A | $457M |
| EBIT | $420M |
| EBITDA | $877M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $301M |
| Depreciation & Amortization | $457M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | -$118M |
| OPERATING CASH FLOW | $601M |
| Capital Expenditure | -$621M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | -$419.2K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$684M |
| Net Debt Issuance | $963M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$697M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $265M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $210M |
| Net Receivables | $3.6B |
| Inventory | $2.2B |
| Other Current Assets | $550M |
| TOTAL CURRENT ASSETS | $8.8B |
| PP&E (Net) | $9.3B |
| Goodwill | $1.7B |
| Intangible Assets | $498M |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $966M |
| TOTAL NON-CURRENT ASSETS | $13.8B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $2.6B |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $720M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $9.8B |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $686M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $6.5B |
| Net Debt | $4.2B |
