| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.1B | — | -8.7% | — |
| Op. Income | $51M | $148M | — | -65.4% | — |
| Gross Margin | 7.0% | 10.6% | — | -3.6pp | — |
| Net Margin | 0.1% | 4.0% | — | -3.8pp | — |
| EPS (Diluted) | $0.02 | $0.56 | — | -97.1% | — |
| Free Cash Flow | -$12M | $87M | — | -113.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $133M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | -$5M |
| Operating Expenses | $82M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $85M |
| EBIT | $51M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $133M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | -$5M |
| Operating Expenses | $82M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $85M |
| EBIT | $51M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $35M |
| Net Receivables | $691M |
| Inventory | $1.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $2.4B |
| Goodwill | $539M |
| Intangible Assets | $49M |
| Long-Term Investments | $8M |
| Tax Assets | $265M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $62M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $629M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $491M |
| Retained Earnings | $424M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $168M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $23M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
