| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.4B | $2.3B | 4.3% | 8.8% |
| Op. Income | $357M | $363M | $261M | -1.7% | 36.8% |
| Gross Margin | 24.6% | 25.3% | 21.2% | -0.8pp | 3.3pp |
| Net Margin | 7.3% | 9.7% | 7.9% | -2.4pp | -0.6pp |
| EPS (Diluted) | $1.53 | $1.94 | $1.49 | -21.1% | 2.7% |
| Free Cash Flow | $275M | $249M | $278M | 10.4% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $605M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $248M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $357M |
| Interest Income | $4M |
| Interest Expense | $53M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $280M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $127M |
| EBIT | $333M |
| EBITDA | $460M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $605M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $248M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $357M |
| Interest Income | $4M |
| Interest Expense | $53M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $280M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $127M |
| EBIT | $333M |
| EBITDA | $460M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$39M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $396M |
| Capital Expenditure | -$121M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$95M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$194M |
| FREE CASH FLOW | $275M |
| Net Change in Cash | $108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $622M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.9B |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $5.6B |
| Goodwill | $3.7B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $789M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $2.1B |
| Short-Term Debt | $448M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $517M |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $9.8B |
| Treasury Stock | -$6.3B |
| Accum. Other Comp. Income | -$278M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $74M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $5.1B |
| Net Debt | $4.4B |
