| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $801M | $693M | $697M | 15.5% | 14.8% |
| Op. Income | $185M | $203M | $216M | -9.1% | -14.6% |
| Gross Margin | 28.5% | 35.1% | 35.8% | -6.5pp | -7.2pp |
| Net Margin | 7.6% | 28.1% | 22.7% | -20.5pp | -15.1pp |
| EPS (Diluted) | $0.40 | $1.34 | $1.09 | -70.1% | -63.3% |
| Free Cash Flow | $157M | -$35M | $40M | 548.7% | 290.3% |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $572M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $616M |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $110M |
| EBIT | $185M |
| EBITDA | $295M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $572M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $616M |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $110M |
| EBIT | $185M |
| EBITDA | $295M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $106M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $112M |
| OPERATING CASH FLOW | $284M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$388M |
| NET CASH FROM INVESTING | -$514M |
| Net Debt Issuance | $789M |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $467M |
| FREE CASH FLOW | $157M |
| Net Change in Cash | $237M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $392M |
| Short-Term Investments | $0 |
| Net Receivables | $851M |
| Inventory | $0 |
| Other Current Assets | $168M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $6.0B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $560M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $406M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $266M |
| TOTAL CURRENT LIABILITIES | $900M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $61M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $398M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $445M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.0B |
| Net Debt | $1.6B |
