| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.8B | — | -26.8% | — |
| Op. Income | $186M | $636M | — | -70.8% | — |
| Gross Margin | 60.7% | 91.9% | — | -31.2pp | — |
| Net Margin | 9.2% | 22.9% | — | -13.8pp | — |
| EPS (Diluted) | $1.02 | $2.80 | — | -63.6% | — |
| Free Cash Flow | -$1.5B | $904M | — | -266.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $519M |
| GROSS PROFIT | $800M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $174M |
| SG&A Expenses | $181M |
| Other Expenses | $433M |
| Operating Expenses | $614M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $186M |
| Interest Income | $946M |
| Interest Expense | $398M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $27M |
| EBIT | $186M |
| EBITDA | $213M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $519M |
| GROSS PROFIT | $800M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $174M |
| SG&A Expenses | $181M |
| Other Expenses | $433M |
| Operating Expenses | $614M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $186M |
| Interest Income | $946M |
| Interest Expense | $398M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $27M |
| EBIT | $186M |
| EBITDA | $213M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $440M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | -$1.4B |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$150M |
| Other Financing Activities | $3.9B |
| NET CASH FROM FINANCING | $3.8B |
| FREE CASH FLOW | -$1.5B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.4B |
| Short-Term Investments | $0 |
| Net Receivables | $858M |
| Inventory | $0 |
| Other Current Assets | $470M |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $531M |
| Goodwill | $142.4K |
| Intangible Assets | $176M |
| Long-Term Investments | $9.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $138M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$325M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.7B |
| TOTAL NON-CURRENT LIABILITIES | $13.5B |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $567M |
| Net Debt | -$3.9B |
