| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $758M | $564M | $792M | 34.4% | -4.2% |
| Op. Income | $77M | $39M | $93M | 95.3% | -17.5% |
| Gross Margin | 46.9% | 50.1% | 47.5% | -3.2pp | -0.6pp |
| Net Margin | 7.7% | 4.9% | 8.4% | 2.8pp | -0.7pp |
| EPS (Diluted) | $1.62 | $0.76 | $1.78 | 113.2% | -9.0% |
| Free Cash Flow | -$96M | $105M | -$20M | -191.2% | -389.1% |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $285M |
| Other Expenses | -$6M |
| Operating Expenses | $279M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $77M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $14M |
| EBIT | $78M |
| EBITDA | $93M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $758M |
| Cost of Revenue | $402M |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $285M |
| Other Expenses | -$6M |
| Operating Expenses | $279M |
| Cost & Expenses | $681M |
| OPERATING INCOME | $77M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $14M |
| EBIT | $78M |
| EBITDA | $93M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$737.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$165M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$133.0K |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | -$96M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $0 |
| Net Receivables | $247M |
| Inventory | $607M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $743M |
| Goodwill | $209M |
| Intangible Assets | $322M |
| Long-Term Investments | $19M |
| Tax Assets | $49M |
| Other Non-Current Assets | -$35M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $274M |
| Short-Term Debt | $2M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $484M |
| Long-Term Debt | $498M |
| Deferred Revenue NC | $179.0K |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $360.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $861M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $829M |
| Minority Interest | $0 |
| TOTAL EQUITY | $829M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.1B |
| Net Debt | $938M |
