| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.2B | $2.2B | 8.3% | 7.6% |
| Op. Income | $342M | $218M | $273M | 56.4% | 25.3% |
| Gross Margin | 38.7% | 36.7% | 37.3% | 2.0pp | 1.4pp |
| Net Margin | 6.9% | 0.8% | 3.9% | 6.1pp | 3.0pp |
| EPS (Diluted) | $0.32 | $0.04 | $0.19 | 694.0% | 68.4% |
| Free Cash Flow | $330M | $548M | $297M | -39.8% | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $918M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $354M |
| Other Expenses | $222M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $342M |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | -$177M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $2M |
| NET INCOME | $163M |
| D&A | $243M |
| EBIT | $343M |
| EBITDA | $586M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $918M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $354M |
| Other Expenses | $222M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $342M |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | -$177M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $2M |
| NET INCOME | $163M |
| D&A | $243M |
| EBIT | $343M |
| EBITDA | $586M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $243M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $243M |
| OPERATING CASH FLOW | $671M |
| Capital Expenditure | -$341M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$366M |
| Net Debt Issuance | -$183M |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$88M |
| NET CASH FROM FINANCING | -$271M |
| FREE CASH FLOW | $330M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $0 |
| Net Receivables | $209M |
| Inventory | $150M |
| Other Current Assets | $629M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $16.6B |
| Goodwill | $136M |
| Intangible Assets | $501M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $18.5B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $182M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $3.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $874M |
| TOTAL NON-CURRENT LIABILITIES | $12.8B |
| TOTAL LIABILITIES | $19.4B |
| Common Stock | $440.0K |
| Additional Paid-In Capital | $7.9B |
| Retained Earnings | -$6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$466M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $693M |
| Minority Interest | $0 |
| TOTAL EQUITY | $693M |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $13.4B |
| Net Debt | $12.8B |
