| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.4B | — | 37.5% |
| Op. Income | $297M | — | $150M | — | 98.2% |
| Gross Margin | 27.0% | — | 13.2% | — | 13.8pp |
| Net Margin | 18.8% | — | 8.0% | — | 10.7pp |
| EPS (Diluted) | $0.58 | — | $0.18 | — | 220.9% |
| Free Cash Flow | $189M | — | -$35M | — | 638.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $514M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $1M |
| SG&A Expenses | $42M |
| Other Expenses | $18M |
| Operating Expenses | $60M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $297M |
| Interest Income | $21M |
| Interest Expense | $27M |
| Other Income/Expenses | $159M |
| INCOME BEFORE TAX | $456M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $347M |
| Other Adjustments | $0 |
| NET INCOME | $357M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357M |
| D&A | $147M |
| EBIT | $442M |
| EBITDA | $588M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $514M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $1M |
| SG&A Expenses | $42M |
| Other Expenses | $18M |
| Operating Expenses | $60M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $297M |
| Interest Income | $21M |
| Interest Expense | $27M |
| Other Income/Expenses | $159M |
| INCOME BEFORE TAX | $456M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $347M |
| Other Adjustments | $0 |
| NET INCOME | $357M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357M |
| D&A | $147M |
| EBIT | $442M |
| EBITDA | $588M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $357M |
| Depreciation & Amortization | $144M |
| Stock-Based Compensation | $44.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | $422M |
| Capital Expenditure | -$233M |
| Acquisitions (Net) | $120.7K |
| Purchases of Investments | -$724.2K |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$225M |
| Net Debt Issuance | -$136M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$767.1K |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $15M |
| Net Receivables | $198M |
| Inventory | $194M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $617M |
| PP&E (Net) | $2.6B |
| Goodwill | $1M |
| Intangible Assets | $85.8K |
| Long-Term Investments | $398M |
| Tax Assets | $8M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $311M |
| Short-Term Debt | $844.9K |
| Deferred Revenue | $14M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $382M |
| Long-Term Debt | $202M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $167M |
| Other Non-Current Liabilities | $444M |
| TOTAL NON-CURRENT LIABILITIES | $814M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $386M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $9M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $203M |
| Net Debt | -$7M |
