| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $950M | $826M | $803M | 15.0% | 18.3% |
| Op. Income | $250M | $152M | $84M | 64.5% | 197.6% |
| Gross Margin | 37.6% | 29.9% | 28.4% | 7.7pp | 9.2pp |
| Net Margin | 10.1% | 2.7% | -5.0% | 7.4pp | 15.1pp |
| EPS (Diluted) | $0.86 | $0.09 | $-0.57 | 816.8% | 250.9% |
| Free Cash Flow | $257M | -$11M | $31M | 2436.4% | 729.0% |
| Item | Amount |
|---|---|
| REVENUE | $950M |
| Cost of Revenue | $593M |
| GROSS PROFIT | $357M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $83M |
| Operating Expenses | $107M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $250M |
| Interest Income | $0 |
| Interest Expense | $130M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $74M |
| EBIT | $258M |
| EBITDA | $332M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $950M |
| Cost of Revenue | $593M |
| GROSS PROFIT | $357M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $83M |
| Operating Expenses | $107M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $250M |
| Interest Income | $0 |
| Interest Expense | $130M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $74M |
| EBIT | $258M |
| EBITDA | $332M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $120M |
| OPERATING CASH FLOW | $297M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$242M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$263M |
| FREE CASH FLOW | $257M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $364M |
| Inventory | $0 |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $576M |
| PP&E (Net) | $1.7B |
| Goodwill | $2.6B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $86M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $17M |
| Short-Term Debt | $23M |
| Deferred Revenue | $50M |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $508M |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | -$317M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $6.0B |
| Net Debt | $5.9B |
