| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | — | -2.3% | — |
| Op. Income | $193M | $205M | — | -5.9% | — |
| Gross Margin | 35.0% | 34.0% | — | 1.0pp | — |
| Net Margin | 7.7% | 8.3% | — | -0.6pp | — |
| EPS (Diluted) | $0.46 | $0.51 | — | -9.8% | — |
| Free Cash Flow | $165M | $89M | — | 85.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $858M |
| GROSS PROFIT | $462M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $211M |
| Other Expenses | $39M |
| Operating Expenses | $269M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $71M |
| EBIT | $196M |
| EBITDA | $267M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $858M |
| GROSS PROFIT | $462M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $211M |
| Other Expenses | $39M |
| Operating Expenses | $269M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $54M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $142M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $71M |
| EBIT | $196M |
| EBITDA | $267M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$290M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$338M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $165M |
| Net Change in Cash | -$272M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $567M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $818M |
| Other Current Assets | $155M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.7B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $1M |
| Tax Assets | $163M |
| Other Non-Current Assets | $385M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $708M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $694M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $163M |
| Other Non-Current Liabilities | $459M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $254M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$442M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $46M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $3.5B |
| Net Debt | $3.0B |
