| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $703M | $523M | $997M | 34.4% | -29.5% |
| Op. Income | $163M | $14M | $408M | 1043.6% | -60.1% |
| Gross Margin | 31.1% | 17.4% | 46.4% | 13.7pp | -15.3pp |
| Net Margin | 20.9% | 3.3% | 32.4% | 17.6pp | -11.5pp |
| EPS (Diluted) | $3.00 | $0.35 | $6.62 | 757.1% | -54.7% |
| Free Cash Flow | $134M | $11M | $335M | 1131.8% | -60.1% |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $485M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $33M |
| SG&A Expenses | $66M |
| Other Expenses | -$10M |
| Operating Expenses | $56M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $163M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $20M |
| EBIT | $153M |
| EBITDA | $172M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $703M |
| Cost of Revenue | $485M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $33M |
| SG&A Expenses | $66M |
| Other Expenses | -$10M |
| Operating Expenses | $56M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $163M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $20M |
| EBIT | $153M |
| EBITDA | $172M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$349.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $164M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $93.0K |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367M |
| Short-Term Investments | $328M |
| Net Receivables | $247M |
| Inventory | $269M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $827M |
| Goodwill | $46M |
| Intangible Assets | $17M |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $916M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $216M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $166M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $413M |
| Common Stock | $751.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | -$3M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $0 |
| Net Debt | -$367M |
