| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.6B | 1.2% | -0.8% |
| Op. Income | $300M | $214M | $134M | 40.1% | 124.6% |
| Gross Margin | 32.5% | 30.2% | 25.3% | 2.3pp | 7.1pp |
| Net Margin | 4.5% | 2.2% | 0.7% | 2.2pp | 3.8pp |
| EPS (Diluted) | $0.10 | $0.05 | $0.02 | 103.5% | 534.1% |
| Free Cash Flow | $201M | -$2.2B | $62M | 109.2% | 222.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $850M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $509M |
| SG&A Expenses | $509M |
| Other Expenses | $41M |
| Operating Expenses | $550M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $300M |
| Interest Income | $1.9B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $300M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $10.4K |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $49M |
| EBIT | $300M |
| EBITDA | $350M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $850M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $509M |
| SG&A Expenses | $509M |
| Other Expenses | $41M |
| Operating Expenses | $550M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $300M |
| Interest Income | $1.9B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $300M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $204M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $10.4K |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $49M |
| EBIT | $300M |
| EBITDA | $350M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $238M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $320M |
| NET CASH FROM INVESTING | $283M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$562M |
| NET CASH FROM FINANCING | -$611M |
| FREE CASH FLOW | $201M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $7.3B |
| Net Receivables | $8.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21.3B |
| PP&E (Net) | $1.7B |
| Goodwill | $621M |
| Intangible Assets | $4.7B |
| Long-Term Investments | $60.7B |
| Tax Assets | $379M |
| Other Non-Current Assets | $436M |
| TOTAL NON-CURRENT ASSETS | $68.5B |
| TOTAL ASSETS | $89.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55.2B |
| TOTAL CURRENT LIABILITIES | $55.2B |
| Long-Term Debt | $19.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $25.5B |
| TOTAL LIABILITIES | $80.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $4.9B |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $4.3B |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $89.9B |
| Total Debt | $19.9B |
| Net Debt | $14.5B |
