| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | — | 2.6% | — |
| Op. Income | $1.3B | $1.2B | — | 7.6% | — |
| Gross Margin | 26.1% | 24.6% | — | 1.5pp | — |
| Net Margin | -1.4% | -0.7% | — | -0.6pp | — |
| EPS (Diluted) | $-0.18 | $-0.10 | — | -80.0% | — |
| Free Cash Flow | $36M | $66M | — | -45.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $113M |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $873M |
| Other Income/Expenses | -$947M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $854M |
| EBIT | $1.3B |
| EBITDA | $2.1B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$73M |
| Depreciation & Amortization | $854M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $365M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | -$1.7B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $522M |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$200M |
| Other Financing Activities | -$637M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $276M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $561M |
| Net Receivables | $4.9B |
| Inventory | $467M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $53.0B |
| Goodwill | $14.7B |
| Intangible Assets | $14.7B |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.1B |
| TOTAL NON-CURRENT ASSETS | $97.8B |
| TOTAL ASSETS | $105.2B |
| Account Payables | $5.1B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $342M |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $49.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.3B |
| TOTAL NON-CURRENT LIABILITIES | $66.0B |
| TOTAL LIABILITIES | $75.7B |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $23.9B |
| TOTAL EQUITY | $29.5B |
| TOTAL LIABILITIES & EQUITY | $105.2B |
| Total Debt | $58.0B |
| Net Debt | $56.4B |
