| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | — | $7.3B | — | 0.7% |
| Op. Income | $203M | — | $288M | — | -29.4% |
| Gross Margin | 30.1% | — | 29.2% | — | 0.9pp |
| Net Margin | 1.8% | — | 2.7% | — | -0.9pp |
| EPS (Diluted) | $0.62 | — | $0.91 | — | -31.9% |
| Free Cash Flow | -$196M | — | -$257M | — | 23.6% |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $203M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $362M |
| EBIT | $203M |
| EBITDA | $565M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $203M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $362M |
| EBIT | $203M |
| EBITDA | $565M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $247M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$118M |
| OPERATING CASH FLOW | $307M |
| Capital Expenditure | -$503M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$477M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$128M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $252M |
| NET CASH FROM FINANCING | $123M |
| FREE CASH FLOW | -$196M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $570M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $5.1B |
| Other Current Assets | $420M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $13.2B |
| Goodwill | $913M |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $16.5B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $2.2B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $977M |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $917M |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $15.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $22M |
| Retained Earnings | $7.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $10.8B |
| Net Debt | $10.2B |
