| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $1.1B | 17.3% | 43.7% |
| Op. Income | $287M | $75M | -$15M | 282.3% | 1985.0% |
| Gross Margin | 24.9% | 12.6% | 5.6% | 12.3pp | 19.3pp |
| Net Margin | 15.1% | 4.8% | -0.8% | 10.3pp | 15.9pp |
| EPS (Diluted) | $4.17 | $1.13 | $-0.15 | 269.0% | 2880.0% |
| Free Cash Flow | $306M | $266M | $114M | 14.9% | 167.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $382M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $95M |
| Operating Expenses | $95M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $287M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $287M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $231M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $19M |
| EBIT | $295M |
| EBITDA | $314M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $382M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $95M |
| Operating Expenses | $95M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $287M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $287M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $231M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $19M |
| EBIT | $295M |
| EBITDA | $314M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $231M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$98M |
| Change in Working Capital | $166M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $749M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$294M |
| Net Debt Issuance | $15.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $306M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $616M |
| Short-Term Investments | $289M |
| Net Receivables | $811M |
| Inventory | $0 |
| Other Current Assets | -$1.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $150M |
| Goodwill | $43M |
| Intangible Assets | $8M |
| Long-Term Investments | $6.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $8.2B |
| Account Payables | $232M |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$456M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $374M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$388M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $588M |
| Net Debt | -$28M |
