| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.6B | $5.8B | -0.1% | -3.6% |
| Op. Income | $541M | $497M | $379M | 8.9% | 42.9% |
| Gross Margin | 24.1% | 24.5% | 24.9% | -0.4pp | -0.8pp |
| Net Margin | 4.5% | 3.9% | 1.7% | 0.6pp | 2.8pp |
| EPS (Diluted) | $0.22 | $0.19 | $0.11 | 18.7% | 100.0% |
| Free Cash Flow | $958M | $331M | $728M | 189.5% | 31.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $47M |
| Selling & Marketing | $234M |
| General & Administrative | $650M |
| SG&A Expenses | $884M |
| Other Expenses | -$132M |
| Operating Expenses | $799M |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $541M |
| Interest Income | $20M |
| Interest Expense | $116M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $445M |
| Income Tax Expense | $137M |
| Net Income from Continuing Ops | $309M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $428M |
| EBIT | $561M |
| EBITDA | $989M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $47M |
| Selling & Marketing | $234M |
| General & Administrative | $650M |
| SG&A Expenses | $884M |
| Other Expenses | -$132M |
| Operating Expenses | $799M |
| Cost & Expenses | $5.0B |
| OPERATING INCOME | $541M |
| Interest Income | $20M |
| Interest Expense | $116M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $445M |
| Income Tax Expense | $137M |
| Net Income from Continuing Ops | $309M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $249M |
| D&A | $428M |
| EBIT | $561M |
| EBITDA | $989M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $249M |
| Depreciation & Amortization | $435M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$118M |
| Change in Working Capital | $585M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$193M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$257M |
| Net Debt Issuance | -$202M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$356M |
| NET CASH FROM FINANCING | -$558M |
| FREE CASH FLOW | $958M |
| Net Change in Cash | $322M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $3.8B |
| Inventory | $2.5B |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $8.2B |
| Goodwill | $16.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $808M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $28.6B |
| TOTAL ASSETS | $38.0B |
| Account Payables | $903M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $757M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $13.8B |
| TOTAL LIABILITIES | $20.7B |
| Common Stock | $343M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $13.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.9B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $17.3B |
| TOTAL LIABILITIES & EQUITY | $38.0B |
| Total Debt | $13.1B |
| Net Debt | $11.5B |
