| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.3B | — | 23.0% | — |
| Op. Income | $48M | $35M | — | 34.7% | — |
| Gross Margin | 17.2% | 19.0% | — | -1.8pp | — |
| Net Margin | 0.2% | 0.9% | — | -0.7pp | — |
| EPS (Diluted) | $0.06 | $0.19 | — | -69.9% | — |
| Free Cash Flow | -$831M | -$731M | — | -13.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $282M |
| R&D Expenses | $26M |
| Selling & Marketing | $132M |
| General & Administrative | $101M |
| SG&A Expenses | $233M |
| Other Expenses | -$24M |
| Operating Expenses | $234M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $48M |
| Interest Income | $14M |
| Interest Expense | $33M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$8M |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $122M |
| EBIT | $74M |
| EBITDA | $196M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $282M |
| R&D Expenses | $26M |
| Selling & Marketing | $132M |
| General & Administrative | $101M |
| SG&A Expenses | $233M |
| Other Expenses | -$24M |
| Operating Expenses | $234M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $48M |
| Interest Income | $14M |
| Interest Expense | $33M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$8M |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $122M |
| EBIT | $74M |
| EBITDA | $196M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $194M |
| Change in Working Capital | -$627M |
| OPERATING CASH FLOW | -$429M |
| Capital Expenditure | -$401M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$396M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | $184M |
| FREE CASH FLOW | -$831M |
| Net Change in Cash | -$702M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.2B |
| Other Current Assets | $274M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $4.6B |
| Goodwill | $0 |
| Intangible Assets | $34M |
| Long-Term Investments | $276M |
| Tax Assets | $314M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $842M |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $274M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $89M |
| Other Non-Current Liabilities | $497M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $836M |
| Additional Paid-In Capital | $471M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$216M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $4.9B |
| Net Debt | $2.7B |
