| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.9B | — | -7.4% | — |
| Op. Income | $198M | $281M | — | -29.5% | — |
| Gross Margin | 6.7% | 7.5% | — | -0.7pp | — |
| Net Margin | 3.1% | 3.3% | — | -0.2pp | — |
| EPS (Diluted) | $0.45 | $0.51 | — | -11.8% | — |
| Free Cash Flow | $154M | $205M | — | -24.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $205M |
| Other Expenses | $30M |
| Operating Expenses | $235M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $198M |
| Interest Income | $13M |
| Interest Expense | $39M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $104M |
| Other Adjustments | $0 |
| NET INCOME | $197M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $130M |
| EBIT | $202M |
| EBITDA | $332M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $205M |
| Other Expenses | $30M |
| Operating Expenses | $235M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $198M |
| Interest Income | $13M |
| Interest Expense | $39M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $104M |
| Other Adjustments | $0 |
| NET INCOME | $197M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $130M |
| EBIT | $202M |
| EBITDA | $332M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $197M |
| Depreciation & Amortization | $130M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $284M |
| Capital Expenditure | -$130M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$117M |
| Net Debt Issuance | -$128.0K |
| Common Stock Repurchased | -$275M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$308M |
| FREE CASH FLOW | $154M |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $4.2B |
| Inventory | $6.8B |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $14.9B |
| PP&E (Net) | $2.9B |
| Goodwill | $1.3B |
| Intangible Assets | $266M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $935M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $20.4B |
| Account Payables | $5.3B |
| Short-Term Debt | $3M |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $9.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $602M |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $6.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$142M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $480M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $20.4B |
| Total Debt | $3.9B |
| Net Debt | $1.2B |
