| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $515M | $564M | $514M | -8.6% | 0.4% |
| Op. Income | $434M | $219M | $42M | 98.2% | 922.5% |
| Gross Margin | 40.4% | 42.2% | 49.7% | -1.8pp | -9.3pp |
| Net Margin | 57.9% | 24.6% | 5.1% | 33.3pp | 52.8pp |
| EPS (Diluted) | $2.96 | $1.36 | $0.28 | 117.6% | 957.1% |
| Free Cash Flow | $4M | $117M | -$386M | -96.7% | 101.0% |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$236M |
| Operating Expenses | -$226M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $397M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298M |
| D&A | $186M |
| EBIT | $434M |
| EBITDA | $620M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $515M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$236M |
| Operating Expenses | -$226M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $434M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $397M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298M |
| D&A | $186M |
| EBIT | $434M |
| EBITDA | $620M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $298M |
| Depreciation & Amortization | $186M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $98M |
| Other Non-Cash Items | -$193M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | -$382M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$987M |
| NET CASH FROM INVESTING | -$382M |
| Net Debt Issuance | $77M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$3.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $354M |
| Inventory | $0 |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $519M |
| PP&E (Net) | $4.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $152M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $268M |
| TOTAL CURRENT LIABILITIES | $420M |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $211M |
| Other Non-Current Liabilities | $158M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $502.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $371M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
