| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.4B | $2.5B | 18.3% | 10.7% |
| Op. Income | $691M | $342M | $523M | 102.4% | 32.1% |
| Gross Margin | 45.2% | 38.7% | 41.5% | 6.5pp | 3.6pp |
| Net Margin | 16.9% | 6.9% | 13.6% | 10.0pp | 3.3pp |
| EPS (Diluted) | $0.95 | $0.32 | $0.68 | 196.9% | 39.7% |
| Free Cash Flow | -$196M | $330M | -$918M | -159.2% | 78.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $358M |
| Other Expenses | $218M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $691M |
| Interest Income | $0 |
| Interest Expense | $175M |
| Other Income/Expenses | -$209M |
| INCOME BEFORE TAX | $482M |
| Income Tax Expense | $7M |
| NET INCOME | $475M |
| D&A | $239M |
| EBIT | $657M |
| EBITDA | $896M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $358M |
| Other Expenses | $218M |
| Operating Expenses | $576M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $691M |
| Interest Income | $0 |
| Interest Expense | $175M |
| Other Income/Expenses | -$209M |
| INCOME BEFORE TAX | $482M |
| Income Tax Expense | $7M |
| NET INCOME | $475M |
| D&A | $239M |
| EBIT | $657M |
| EBITDA | $896M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $475M |
| Depreciation & Amortization | $239M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$578M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$368M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$365M |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | -$19.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.0K |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | -$196M |
| Net Change in Cash | -$262M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $333M |
| Short-Term Investments | $0 |
| Net Receivables | $201M |
| Inventory | $145M |
| Other Current Assets | $501M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $16.7B |
| Goodwill | $136M |
| Intangible Assets | $501M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $18.6B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $173M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $3.1B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $11.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $860M |
| TOTAL NON-CURRENT LIABILITIES | $12.6B |
| TOTAL LIABILITIES | $18.7B |
| Common Stock | $440.0K |
| Additional Paid-In Capital | $7.9B |
| Retained Earnings | -$6.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$520M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $13.4B |
| Net Debt | $13.1B |
