| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.2B | $1.0B | -12.5% | -2.7% |
| Op. Income | $34M | $108M | $76M | -68.9% | -55.7% |
| Gross Margin | 62.8% | 63.2% | 62.5% | -0.4pp | 0.3pp |
| Net Margin | -0.4% | 5.4% | 2.9% | -5.7pp | -3.2pp |
| EPS (Diluted) | $-0.02 | $0.32 | $0.16 | -106.1% | -112.3% |
| Free Cash Flow | $108M | $141M | $123M | -23.5% | -12.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $377M |
| GROSS PROFIT | $636M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $251M |
| SG&A Expenses | $251M |
| Other Expenses | $330M |
| Operating Expenses | $602M |
| Cost & Expenses | $979M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $68M |
| EBIT | $35M |
| EBITDA | $103M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $132M |
| OPERATING CASH FLOW | $187M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $442M |
| Short-Term Investments | $0 |
| Net Receivables | $390M |
| Inventory | $666M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.8B |
| Goodwill | $2.0B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $118M |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $123M |
| Short-Term Debt | $57M |
| Deferred Revenue | $96M |
| Other Current Liabilities | $148M |
| TOTAL CURRENT LIABILITIES | $843M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $3.0B |
| Net Debt | $2.6B |
