| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $850M | $829M | — | 2.5% | — |
| Op. Income | $73M | $94M | — | -22.9% | — |
| Gross Margin | 30.3% | 33.6% | — | -3.2pp | — |
| Net Margin | 4.0% | 6.0% | — | -2.0pp | — |
| EPS (Diluted) | $0.36 | $0.54 | — | -33.3% | — |
| Free Cash Flow | $75M | -$67M | — | 210.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $592M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $185M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $777M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $66M |
| EBIT | $81M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $592M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $185M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $777M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $66M |
| EBIT | $81M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $489M |
| Short-Term Investments | $0 |
| Net Receivables | $487M |
| Inventory | $366M |
| Other Current Assets | $117M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $1.0B |
| Goodwill | $1.7B |
| Intangible Assets | $1.5B |
| Long-Term Investments | -$276M |
| Tax Assets | $276M |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $435M |
| Short-Term Debt | $658M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $276M |
| Other Non-Current Liabilities | $378M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$931M |
| Accum. Other Comp. Income | -$132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $17M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.1B |
| Net Debt | $1.6B |
