| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.4B | $4.9B | 2.7% | -6.9% |
| Op. Income | $101M | $66M | $108M | 53.4% | -6.0% |
| Gross Margin | 17.4% | 17.3% | 17.8% | 0.0pp | -0.4pp |
| Net Margin | 1.3% | 0.9% | 1.3% | 0.4pp | -0.0pp |
| EPS (Diluted) | $1.24 | $0.81 | $1.29 | 53.1% | -3.9% |
| Free Cash Flow | -$150M | $104M | -$177M | -243.8% | 15.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $786M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $685M |
| Other Expenses | $0 |
| Operating Expenses | $685M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $101M |
| Interest Income | $15M |
| Interest Expense | $22M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $21M |
| EBIT | $101M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $786M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $685M |
| Other Expenses | $0 |
| Operating Expenses | $685M |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $101M |
| Interest Income | $15M |
| Interest Expense | $22M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $21M |
| EBIT | $101M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $300.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$228M |
| OPERATING CASH FLOW | -$138M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $121M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$150M |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $469M |
| Short-Term Investments | $0 |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $504M |
| Goodwill | $1.6B |
| Intangible Assets | $500M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $644M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $2.6B |
| Short-Term Debt | $137M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $962M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $473M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$4.7B |
| Accum. Other Comp. Income | -$500M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $9M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $1.5B |
| Net Debt | $1.0B |
