| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | — | $1.6B | — | 47.4% |
| Op. Income | $150M | — | $163M | — | -7.6% |
| Gross Margin | 36.0% | — | 35.9% | — | 0.1pp |
| Net Margin | 2.8% | — | 4.9% | — | -2.1pp |
| EPS (Diluted) | $0.98 | — | $1.51 | — | -35.1% |
| Free Cash Flow | $178M | — | $101M | — | 76.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $858M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $707M |
| Other Expenses | $0 |
| Operating Expenses | $707M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $177M |
| EBIT | $170M |
| EBITDA | $347M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $858M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $707M |
| Other Expenses | $0 |
| Operating Expenses | $707M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $177M |
| EBIT | $170M |
| EBITDA | $347M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $177M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $238M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | -$1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | -$121M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$198M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $398M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $447M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $728M |
| Goodwill | $5.0B |
| Intangible Assets | $2.6B |
| Long-Term Investments | $0 |
| Tax Assets | $112M |
| Other Non-Current Assets | $933M |
| TOTAL NON-CURRENT ASSETS | $9.4B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $202M |
| Short-Term Debt | $234M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $703M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $386M |
| Other Non-Current Liabilities | $282M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$336M |
| Accum. Other Comp. Income | -$310M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $5.8B |
| Net Debt | $5.4B |
