| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.0B | $2.5B | -6.0% | 13.0% |
| Op. Income | $473M | $586M | $395M | -19.2% | 19.8% |
| Gross Margin | 25.5% | 28.9% | 26.3% | -3.4pp | -0.8pp |
| Net Margin | 13.9% | 15.3% | 12.7% | -1.5pp | 1.2pp |
| EPS (Diluted) | $0.28 | $0.33 | $0.23 | -15.2% | 21.7% |
| Free Cash Flow | $299M | $422M | $349M | -29.2% | -14.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $712M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $127M |
| SG&A Expenses | $127M |
| Other Expenses | $112M |
| Operating Expenses | $239M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $473M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $503M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $387M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $84M |
| EBIT | $501M |
| EBITDA | $586M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $712M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $127M |
| SG&A Expenses | $127M |
| Other Expenses | $112M |
| Operating Expenses | $239M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $473M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $503M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $387M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $84M |
| EBIT | $501M |
| EBITDA | $586M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $387M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $446M |
| Capital Expenditure | -$148M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$490M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $681.0K |
| NET CASH FROM FINANCING | -$490M |
| FREE CASH FLOW | $299M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $699M |
| Short-Term Investments | $669M |
| Net Receivables | $175M |
| Inventory | $50M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $6.3B |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $892M |
| Tax Assets | $0 |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $221M |
| Short-Term Debt | $0 |
| Deferred Revenue | $180M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $14M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $4.5B |
| Net Debt | $3.8B |
