| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | — | 0.5% | — |
| Op. Income | $207M | $213M | — | -3.0% | — |
| Gross Margin | 36.1% | 33.8% | — | 2.3pp | — |
| Net Margin | 12.9% | 13.6% | — | -0.7pp | — |
| EPS (Diluted) | $0.29 | $0.31 | — | -6.5% | — |
| Free Cash Flow | $462M | -$75M | — | 713.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $948M |
| GROSS PROFIT | $536M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $180M |
| SG&A Expenses | $201M |
| Other Expenses | $128M |
| Operating Expenses | $329M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $207M |
| Interest Income | $11M |
| Interest Expense | $16M |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $46M |
| EBIT | $276M |
| EBITDA | $323M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $948M |
| GROSS PROFIT | $536M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $180M |
| SG&A Expenses | $201M |
| Other Expenses | $128M |
| Operating Expenses | $329M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $207M |
| Interest Income | $11M |
| Interest Expense | $16M |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $196M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $191M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $46M |
| EBIT | $276M |
| EBITDA | $323M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $191M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41M |
| Change in Working Capital | $192M |
| OPERATING CASH FLOW | $489M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $114M |
| NET CASH FROM INVESTING | $345M |
| Net Debt Issuance | -$498M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$93M |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$712M |
| FREE CASH FLOW | $462M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $677M |
| Inventory | $0 |
| Other Current Assets | $8.1B |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $574M |
| Goodwill | $8.6B |
| Intangible Assets | $5.8B |
| Long-Term Investments | $8.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.5B |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $532M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $113M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $6.9B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$922M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $15.8B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $7.6B |
| Net Debt | $6.0B |
