| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.8B | -3.1% | -42.8% |
| Op. Income | -$33M | -$12M | -$49M | -168.3% | 32.9% |
| Gross Margin | 68.2% | 63.9% | 68.4% | 4.4pp | -0.2pp |
| Net Margin | 25.3% | 46.7% | -27.0% | -21.4pp | 52.4pp |
| EPS (Diluted) | $0.84 | $1.32 | $-1.13 | -36.4% | 174.3% |
| Free Cash Flow | $361M | $40M | $381M | 811.9% | -5.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $336M |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $290M |
| SG&A Expenses | $291M |
| Other Expenses | $464M |
| Operating Expenses | $755M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$33M |
| Interest Income | $76M |
| Interest Expense | $252M |
| Other Income/Expenses | $385M |
| INCOME BEFORE TAX | $352M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $324M |
| Net Income from Discontinued Ops | -$49M |
| Other Adjustments | $0 |
| NET INCOME | $268M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $317M |
| D&A | $283M |
| EBIT | -$29M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $268M |
| Depreciation & Amortization | $299M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$102M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $546M |
| Capital Expenditure | -$185M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $707M |
| NET CASH FROM INVESTING | $522M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$170M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $361M |
| Net Change in Cash | $872M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.2B |
| Net Receivables | $934M |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $9.3B |
| Goodwill | $9.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $35.5B |
| TOTAL ASSETS | $40.8B |
| Account Payables | $515M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $627M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $14.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $18.5B |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $945M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.3B |
| Minority Interest | -$31M |
| TOTAL EQUITY | $18.3B |
| TOTAL LIABILITIES & EQUITY | $40.8B |
| Total Debt | $18.0B |
| Net Debt | $16.0B |
