| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | $416M | $470M | 10.9% | -1.6% |
| Op. Income | $95M | $86M | $133M | 9.8% | -28.9% |
| Gross Margin | 30.5% | 31.0% | 37.1% | -0.5pp | -6.5pp |
| Net Margin | 3.2% | 12.1% | 9.9% | -8.9pp | -6.7pp |
| EPS (Diluted) | $0.09 | $0.31 | $0.29 | -71.0% | -69.0% |
| Free Cash Flow | $108M | $92M | $147M | 17.9% | -26.4% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $883.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $95M |
| Interest Income | $16M |
| Interest Expense | $32M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $661.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $46M |
| EBIT | $95M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $321M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $883.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $367M |
| OPERATING INCOME | $95M |
| Interest Income | $16M |
| Interest Expense | $32M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $661.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $46M |
| EBIT | $95M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $31M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $91M |
| Net Receivables | $161M |
| Inventory | $10M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $91M |
| Goodwill | $0 |
| Intangible Assets | $3.2B |
| Long-Term Investments | $89M |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $127M |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $348M |
| TOTAL CURRENT LIABILITIES | $662M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $163M |
| Additional Paid-In Capital | $183M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$95M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $163M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.2B |
| Net Debt | $729M |
