| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $693M | $637M | $639M | 8.8% | 8.5% |
| Op. Income | $203M | $117M | $148M | 73.9% | 37.7% |
| Gross Margin | 35.1% | 22.4% | 28.2% | 12.6pp | 6.9pp |
| Net Margin | 28.1% | 15.0% | 10.3% | 13.2pp | 17.8pp |
| EPS (Diluted) | $1.34 | $0.66 | $0.45 | 103.0% | 197.8% |
| Free Cash Flow | -$35M | -$38M | $104M | 7.9% | -133.5% |
| Item | Amount |
|---|---|
| REVENUE | $693M |
| Cost of Revenue | $450M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $203M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $195M |
| D&A | $91M |
| EBIT | $203M |
| EBITDA | $294M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $693M |
| Cost of Revenue | $450M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $490M |
| OPERATING INCOME | $203M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $195M |
| D&A | $91M |
| EBIT | $203M |
| EBITDA | $294M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $195M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$42M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | $107M |
| Capital Expenditure | -$142M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$196.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $0 |
| Net Receivables | $727M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $987M |
| PP&E (Net) | $4.2B |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $13M |
| Tax Assets | $8M |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $340M |
| Short-Term Debt | $0 |
| Deferred Revenue | $43M |
| Other Current Liabilities | $119M |
| TOTAL CURRENT LIABILITIES | $637M |
| Long-Term Debt | $622M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $304M |
| TOTAL NON-CURRENT LIABILITIES | $965M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $644M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $622M |
| Net Debt | $459M |
