| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $746M | $742M | $720M | 0.5% | 3.7% |
| Op. Income | $10M | $19M | -$6M | -46.5% | 261.9% |
| Gross Margin | 26.8% | 27.9% | 25.6% | -1.1pp | 1.2pp |
| Net Margin | -6.8% | -5.1% | -6.8% | -1.7pp | -0.0pp |
| EPS (Diluted) | $-0.22 | $-0.17 | $-0.22 | -29.4% | 0.0% |
| Free Cash Flow | $11M | $4M | -$19M | 180.5% | 160.1% |
| Item | Amount |
|---|---|
| REVENUE | $746M |
| Cost of Revenue | $546M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $45M |
| SG&A Expenses | $99M |
| Other Expenses | $91M |
| Operating Expenses | $190M |
| Cost & Expenses | $736M |
| OPERATING INCOME | $10M |
| Interest Income | $5M |
| Interest Expense | $62M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $677.0K |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $90M |
| EBIT | $11M |
| EBITDA | $101M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $312.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$20.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $30M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $136M |
| TOTAL CURRENT ASSETS | $474M |
| PP&E (Net) | $5.4B |
| Goodwill | $27M |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $73M |
| Short-Term Debt | $52M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $584M |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$4.0B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $1M |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $5.2B |
| Net Debt | $4.9B |
