| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | $2.3B | -3.4% | -7.9% |
| Op. Income | $93M | $131M | $92M | -29.2% | 1.1% |
| Gross Margin | 20.7% | 21.0% | 18.0% | -0.3pp | 2.7pp |
| Net Margin | 2.8% | 4.0% | 2.7% | -1.3pp | 0.1pp |
| EPS (Diluted) | $1.52 | $2.27 | $1.62 | -33.0% | -6.2% |
| Free Cash Flow | $111M | $34M | $210M | 230.3% | -47.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $432M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $330M |
| Other Expenses | $9M |
| Operating Expenses | $339M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $26M |
| EBIT | $92M |
| EBITDA | $118M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $432M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $330M |
| Other Expenses | $9M |
| Operating Expenses | $339M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $26M |
| EBIT | $92M |
| EBITDA | $118M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $103M |
| Common Stock Repurchased | -$165M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$133.0K |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $151M |
| Other Current Assets | $189M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $215M |
| Goodwill | $889M |
| Intangible Assets | $449M |
| Long-Term Investments | $934M |
| Tax Assets | $0 |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $2.7B |
| Short-Term Debt | $568M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $754M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $73M |
| Other Non-Current Liabilities | $949M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $318.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
