| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $519M | $444M | $464M | 16.8% | 11.8% |
| Op. Income | $130M | $63M | $129M | 107.0% | 1.3% |
| Gross Margin | 44.6% | 39.6% | 48.4% | 5.0pp | -3.8pp |
| Net Margin | 17.4% | 8.3% | 19.0% | 9.1pp | -1.7pp |
| EPS (Diluted) | $0.80 | $0.35 | $0.00 | 128.6% | 44344.4% |
| Free Cash Flow | -$106M | -$125M | -$133M | 15.2% | 20.6% |
| Item | Amount |
|---|---|
| REVENUE | $519M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $33M |
| SG&A Expenses | $169M |
| Other Expenses | -$3M |
| Operating Expenses | $101M |
| Cost & Expenses | $389M |
| OPERATING INCOME | $130M |
| Interest Income | $3M |
| Interest Expense | $30M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $518.0K |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $91M |
| EBIT | $141M |
| EBITDA | $232M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $519M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $33M |
| SG&A Expenses | $169M |
| Other Expenses | -$3M |
| Operating Expenses | $101M |
| Cost & Expenses | $389M |
| OPERATING INCOME | $130M |
| Interest Income | $3M |
| Interest Expense | $30M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $518.0K |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $91M |
| EBIT | $141M |
| EBITDA | $232M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$287M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$250M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $536M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$106M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $282M |
| Inventory | $195M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $704M |
| PP&E (Net) | $6.9B |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $4.3B |
| Other Non-Current Assets | -$3.6B |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $448M |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $157M |
| Deferred Tax Liabilities | $851M |
| Other Non-Current Liabilities | $562M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $49M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$368M |
| Other Equity | -$538M |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
