| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.4B | $4.4B | -6.1% | -6.3% |
| Op. Income | $398M | $628M | $485M | -36.6% | -17.8% |
| Gross Margin | 32.8% | 35.5% | 34.1% | -2.8pp | -1.4pp |
| Net Margin | 9.9% | 5.3% | 2.9% | 4.6pp | 7.0pp |
| EPS (Diluted) | $0.27 | $0.16 | $0.09 | 68.8% | 210.3% |
| Free Cash Flow | $168M | $332M | $474M | -49.6% | -64.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $557M |
| General & Administrative | $299M |
| SG&A Expenses | $856M |
| Other Expenses | $86M |
| Operating Expenses | $942M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $398M |
| Interest Income | $5M |
| Interest Expense | $165M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $192M |
| Other Adjustments | $0 |
| NET INCOME | $406M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $406M |
| D&A | $56M |
| EBIT | $336M |
| EBITDA | $393M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $557M |
| General & Administrative | $299M |
| SG&A Expenses | $856M |
| Other Expenses | $86M |
| Operating Expenses | $942M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $398M |
| Interest Income | $5M |
| Interest Expense | $165M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $192M |
| Other Adjustments | $0 |
| NET INCOME | $406M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $406M |
| D&A | $56M |
| EBIT | $336M |
| EBITDA | $393M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $210M |
| Depreciation & Amortization | $309M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$279M |
| Change in Working Capital | $193M |
| OPERATING CASH FLOW | $424M |
| Capital Expenditure | -$257M |
| Acquisitions (Net) | $201M |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$201M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$143M |
| FREE CASH FLOW | $168M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $422M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $1.6B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $11.3B |
| Goodwill | $7.5B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $1.0B |
| Tax Assets | $365M |
| Other Non-Current Assets | -$130.0K |
| TOTAL NON-CURRENT ASSETS | $22.0B |
| TOTAL ASSETS | $28.0B |
| Account Payables | $2.8B |
| Short-Term Debt | $506M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $443M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $7.7B |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $2.0B |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $313M |
| TOTAL EQUITY | $12.4B |
| TOTAL LIABILITIES & EQUITY | $28.0B |
| Total Debt | $7.5B |
| Net Debt | $7.1B |
