| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.0B | $7.1B | 7.0% | -10.4% |
| Op. Income | $344M | $263M | $277M | 31.0% | 24.2% |
| Gross Margin | 43.9% | 42.7% | 38.3% | 1.2pp | 5.7pp |
| Net Margin | -18.6% | 4.8% | -1.1% | -23.4pp | -17.5pp |
| EPS (Diluted) | $-0.36 | $0.09 | $-0.02 | -512.5% | -1471.4% |
| Free Cash Flow | $919M | $520M | -$413M | 76.6% | 322.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $344M |
| Interest Income | $79M |
| Interest Expense | $110M |
| Other Income/Expenses | -$1.8B |
| INCOME BEFORE TAX | -$1.5B |
| Income Tax Expense | -$308M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $272M |
| EBIT | -$1.4B |
| EBITDA | -$1.1B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $272M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | $698M |
| OPERATING CASH FLOW | $994M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$499.3K |
| Purchases of Investments | -$629M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$645M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$509M |
| Other Financing Activities | -$105M |
| NET CASH FROM FINANCING | -$600M |
| FREE CASH FLOW | $919M |
| Net Change in Cash | -$303M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $1.5B |
| Net Receivables | $7.8B |
| Inventory | $3.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.7B |
| PP&E (Net) | $1.9B |
| Goodwill | $5.9B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $2.4B |
| Tax Assets | $2.8B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $30.1B |
| Account Payables | $2.9B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $4.4B |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $13.8B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $140M |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $7.4B |
| TOTAL LIABILITIES | $21.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $9.1B |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | -$148M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $30.1B |
| Total Debt | $5.2B |
| Net Debt | $2.1B |
