| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $739M | $673M | $766M | 9.8% | -3.6% |
| Op. Income | $49M | $62M | $51M | -21.2% | -4.3% |
| Gross Margin | 24.0% | 22.6% | 25.9% | 1.5pp | -1.9pp |
| Net Margin | 3.2% | 5.0% | 2.2% | -1.8pp | 1.0pp |
| EPS (Diluted) | $0.10 | $0.17 | $0.18 | -43.4% | -46.6% |
| Free Cash Flow | $19M | $71M | $19M | -72.7% | 1.0% |
| Item | Amount |
|---|---|
| REVENUE | $739M |
| Cost of Revenue | $561M |
| GROSS PROFIT | $178M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $9M |
| Operating Expenses | $129M |
| Cost & Expenses | $690M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $37M |
| EBIT | $49M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $739M |
| Cost of Revenue | $561M |
| GROSS PROFIT | $178M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $9M |
| Operating Expenses | $129M |
| Cost & Expenses | $690M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $37M |
| EBIT | $49M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$84M |
| Common Stock Repurchased | -$600.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $570M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $760M |
| PP&E (Net) | $439M |
| Goodwill | $2.0B |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $141M |
| Short-Term Debt | $0 |
| Deferred Revenue | $95M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $525M |
| Long-Term Debt | $807M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$95M |
| Treasury Stock | -$174M |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $896M |
| Net Debt | $780M |
