| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $4.0B | — | -2.5% | — |
| Op. Income | $654M | $154M | — | 324.7% | — |
| Gross Margin | 58.5% | 59.1% | — | -0.6pp | — |
| Net Margin | 9.8% | 1.5% | — | 8.4pp | — |
| EPS (Diluted) | $0.20 | $0.03 | — | 562.3% | — |
| Free Cash Flow | $190M | $350M | — | -45.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $38M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $654M |
| Interest Income | $0 |
| Interest Expense | $96M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $577M |
| Income Tax Expense | $194M |
| Net Income from Continuing Ops | $383M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $383M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $383M |
| D&A | $182M |
| EBIT | $673M |
| EBITDA | $855M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $38M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $654M |
| Interest Income | $0 |
| Interest Expense | $96M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $577M |
| Income Tax Expense | $194M |
| Net Income from Continuing Ops | $383M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $383M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $383M |
| D&A | $182M |
| EBIT | $673M |
| EBITDA | $855M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $383M |
| Depreciation & Amortization | $182M |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$351M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $209M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$393M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$162M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $1.8B |
| Other Current Assets | $210M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $1.8B |
| Goodwill | $9.3B |
| Intangible Assets | $8.9B |
| Long-Term Investments | $0 |
| Tax Assets | $228M |
| Other Non-Current Assets | $796M |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $26.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $325M |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $818M |
| TOTAL NON-CURRENT LIABILITIES | $10.3B |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $19M |
| Additional Paid-In Capital | $16.1B |
| Retained Earnings | $7M |
| Treasury Stock | -$121M |
| Accum. Other Comp. Income | -$5.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $26.9B |
| Total Debt | $8.8B |
| Net Debt | $7.8B |
