| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $671M | $690M | $624M | -2.7% | 7.5% |
| Op. Income | $54M | $81M | $59M | -32.5% | -7.4% |
| Gross Margin | 22.4% | 27.5% | 25.0% | -5.1pp | -2.6pp |
| Net Margin | 2.1% | 4.1% | 2.6% | -2.1pp | -0.5pp |
| EPS (Diluted) | $0.12 | $0.25 | $0.14 | -52.6% | -15.6% |
| Free Cash Flow | $45M | -$23M | $38M | 296.5% | 17.3% |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $521M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $31M |
| Operating Expenses | $96M |
| Cost & Expenses | $617M |
| OPERATING INCOME | $54M |
| Interest Income | $1M |
| Interest Expense | $39M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $30M |
| EBIT | $58M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $521M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $31M |
| Operating Expenses | $96M |
| Cost & Expenses | $617M |
| OPERATING INCOME | $54M |
| Interest Income | $1M |
| Interest Expense | $39M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $30M |
| EBIT | $58M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$668.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$122.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $54.0K |
| Other Investing Activities | $4.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$525.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $1.8B |
| Goodwill | $1.1B |
| Intangible Assets | $432M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $66M |
| Short-Term Debt | $16M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $185M |
| TOTAL CURRENT LIABILITIES | $505M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $904.0K |
| Additional Paid-In Capital | $77M |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $236M |
| Minority Interest | $0 |
| TOTAL EQUITY | $236M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $3.0B |
| Net Debt | $2.8B |
