| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $948M | 5.9% | 19.2% |
| Op. Income | $11M | $151M | $216M | -92.7% | -94.9% |
| Gross Margin | 30.8% | 43.7% | 55.4% | -12.9pp | -24.6pp |
| Net Margin | 0.8% | 10.9% | 17.7% | -10.1pp | -16.8pp |
| EPS (Diluted) | $0.09 | $1.06 | $1.46 | -91.7% | -93.9% |
| Free Cash Flow | $231M | $111M | $183M | 108.5% | 26.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $781M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $337M |
| Operating Expenses | $337M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| 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 | $74M |
| EBIT | $79M |
| EBITDA | $153M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $781M |
| GROSS PROFIT | $348M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $337M |
| Operating Expenses | $337M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| 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 | $74M |
| EBIT | $79M |
| EBITDA | $153M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$111M |
| Change in Working Capital | $264M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | -$219M |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $511M |
| NET CASH FROM FINANCING | $190M |
| FREE CASH FLOW | $231M |
| Net Change in Cash | $253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $8.0B |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | -$13.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$24.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $37.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$4.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $35.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $37.6B |
| Total Debt | $4.3B |
| Net Debt | $3.1B |
