| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $377M | $296M | -18.5% | 3.8% |
| Op. Income | $300M | $200M | $272M | 49.6% | 10.3% |
| Gross Margin | 58.8% | 63.5% | 61.1% | -4.7pp | -2.3pp |
| Net Margin | -5.9% | 1.8% | 160.5% | -7.8pp | -166.5pp |
| EPS (Diluted) | $-0.12 | $0.04 | $2.46 | -373.3% | -104.9% |
| Free Cash Flow | $40M | $17M | $3M | 136.1% | 1354.3% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $181M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | -$152M |
| Operating Expenses | -$119M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $300M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$315M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $118M |
| EBIT | $21M |
| EBITDA | $138M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $118M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $105M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$152M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$110.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $929.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $146M |
| Inventory | $15M |
| Other Current Assets | $186M |
| TOTAL CURRENT ASSETS | $369M |
| PP&E (Net) | $1.4B |
| Goodwill | $323M |
| Intangible Assets | $67M |
| Long-Term Investments | $241M |
| Tax Assets | $728M |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $126M |
| Short-Term Debt | $327M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $355M |
| TOTAL CURRENT LIABILITIES | $893M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $728M |
| Other Non-Current Liabilities | $700M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
