| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | — | $1.5B | — | -9.3% |
| Op. Income | $315M | — | $157M | — | 100.6% |
| Gross Margin | 47.2% | — | 30.2% | — | 17.0pp |
| Net Margin | 17.8% | — | 9.4% | — | 8.4pp |
| EPS (Diluted) | $0.52 | — | $0.30 | — | 73.1% |
| Free Cash Flow | $560M | — | -$8M | — | 7292.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $649M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $213M |
| SG&A Expenses | $220M |
| Other Expenses | $114M |
| Operating Expenses | $334M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $315M |
| Interest Income | $993M |
| Interest Expense | $584M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $315M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $39M |
| EBIT | $315M |
| EBITDA | $354M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $728M |
| GROSS PROFIT | $649M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $213M |
| SG&A Expenses | $220M |
| Other Expenses | $114M |
| Operating Expenses | $334M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $315M |
| Interest Income | $993M |
| Interest Expense | $584M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $315M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $245M |
| D&A | $39M |
| EBIT | $315M |
| EBITDA | $354M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $245M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$115M |
| Change in Working Capital | $402M |
| OPERATING CASH FLOW | $571M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $213M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$391M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $560M |
| Net Change in Cash | -$748M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $3.1B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.0B |
| PP&E (Net) | $376M |
| Goodwill | $0 |
| Intangible Assets | $102M |
| Long-Term Investments | $66.7B |
| Tax Assets | $500M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $68.9B |
| TOTAL ASSETS | $76.8B |
| Account Payables | $407M |
| Short-Term Debt | $602M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $31.4B |
| TOTAL CURRENT LIABILITIES | $32.5B |
| Long-Term Debt | $17.0B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22.4B |
| TOTAL NON-CURRENT LIABILITIES | $39.5B |
| TOTAL LIABILITIES | $72.0B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $115M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $76.8B |
| Total Debt | $17.7B |
| Net Debt | $14.6B |
