| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $490M | $556M | — | -11.8% | — |
| Op. Income | $145M | $256M | — | -43.4% | — |
| Gross Margin | 30.9% | 39.0% | — | -8.1pp | — |
| Net Margin | 12.3% | 33.7% | — | -21.4pp | — |
| EPS (Diluted) | $0.27 | $0.84 | — | -67.9% | — |
| Free Cash Flow | $162M | $223M | — | -27.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $490M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$45.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $145M |
| Interest Income | $5M |
| Interest Expense | $82M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $84M |
| EBIT | $148M |
| EBITDA | $232M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $490M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$45.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $145M |
| Interest Income | $5M |
| Interest Expense | $82M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $84M |
| EBIT | $148M |
| EBITDA | $232M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $165M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$138M |
| Other Financing Activities | -$242.0K |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321M |
| Short-Term Investments | $5M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $456M |
| TOTAL CURRENT ASSETS | $782M |
| PP&E (Net) | $5.4B |
| Goodwill | $112M |
| Intangible Assets | $0 |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $402M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $548M |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $466.0K |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $223M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $516M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $610.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | -$472.0K |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $3.8B |
| Net Debt | $3.5B |
