| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $817M | $935M | $833M | -12.6% | -1.9% |
| Op. Income | -$19M | $31M | $17M | -162.6% | -214.8% |
| Gross Margin | 32.2% | 31.8% | 32.7% | 0.4pp | -0.5pp |
| Net Margin | -1.1% | 2.8% | 1.7% | -4.0pp | -2.8pp |
| EPS (Diluted) | $-0.41 | $1.19 | $0.63 | -134.5% | -165.1% |
| Free Cash Flow | $8M | $51M | $12M | -83.9% | -29.7% |
| Item | Amount |
|---|---|
| REVENUE | $817M |
| Cost of Revenue | $554M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $55M |
| SG&A Expenses | $55M |
| Other Expenses | $228M |
| Operating Expenses | $283M |
| Cost & Expenses | $836M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $32M |
| EBIT | -$19M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $108M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $40.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $371.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$750.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $175M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $138M |
| Short-Term Debt | $0 |
| Deferred Revenue | $733.0K |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $446M |
| Long-Term Debt | $472M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $222.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $415M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $427M |
| Minority Interest | $0 |
| TOTAL EQUITY | $427M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
