| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | — | 4.4% | — |
| Op. Income | $120M | $234M | — | -48.7% | — |
| Gross Margin | 22.3% | 22.9% | — | -0.6pp | — |
| Net Margin | 9.3% | 19.1% | — | -9.8pp | — |
| EPS (Diluted) | $0.72 | $1.42 | — | -49.3% | — |
| Free Cash Flow | $268M | -$105M | — | 356.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $846M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $102M |
| Operating Expenses | $122M |
| Cost & Expenses | $968M |
| OPERATING INCOME | $120M |
| Interest Income | $18M |
| Interest Expense | $10M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $85M |
| EBIT | $147M |
| EBITDA | $232M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $846M |
| GROSS PROFIT | $242M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $102M |
| Operating Expenses | $122M |
| Cost & Expenses | $968M |
| OPERATING INCOME | $120M |
| Interest Income | $18M |
| Interest Expense | $10M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $85M |
| EBIT | $147M |
| EBITDA | $232M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | $118M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $360M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $600.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$128M |
| FREE CASH FLOW | $268M |
| Net Change in Cash | $159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $773M |
| Short-Term Investments | $0 |
| Net Receivables | $304M |
| Inventory | $444M |
| Other Current Assets | $287M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $3.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $85M |
| Tax Assets | $0 |
| Other Non-Current Assets | $839M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $764M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $779M |
| Long-Term Debt | $324M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $962M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $151M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $51M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $433M |
| Net Debt | -$340M |
