| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 1.3% | -2.5% |
| Op. Income | $80M | $72M | $123M | 11.8% | -34.8% |
| Gross Margin | 77.9% | 77.5% | 77.0% | 0.4pp | 0.9pp |
| Net Margin | 0.4% | 1.9% | 4.6% | -1.6pp | -4.2pp |
| EPS (Diluted) | $0.05 | $0.24 | $0.60 | -79.2% | -91.7% |
| Free Cash Flow | $66M | -$19M | $97M | 446.6% | -32.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $283M |
| GROSS PROFIT | $998M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $502M |
| Other Expenses | $415M |
| Operating Expenses | $918M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $80M |
| Interest Income | $3M |
| Interest Expense | $60M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $33M |
| EBIT | $73M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $283M |
| GROSS PROFIT | $998M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $502M |
| Other Expenses | $415M |
| Operating Expenses | $918M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $80M |
| Interest Income | $3M |
| Interest Expense | $60M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $33M |
| EBIT | $73M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $374M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $481M |
| Other Current Assets | $276M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $657M |
| Goodwill | $92M |
| Intangible Assets | $313M |
| Long-Term Investments | $0 |
| Tax Assets | $202M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $81M |
| Short-Term Debt | $22M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $483M |
| TOTAL CURRENT LIABILITIES | $976M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $253M |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$257M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.0B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $2.6B |
| Net Debt | $2.2B |
