| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $965M | $663M | $945M | 45.7% | 2.1% |
| Op. Income | $313M | $176M | $331M | 78.1% | -5.4% |
| Gross Margin | 50.1% | 51.1% | 51.7% | -0.9pp | -1.5pp |
| Net Margin | 22.7% | 15.4% | 25.6% | 7.2pp | -2.9pp |
| EPS (Diluted) | $1.09 | $0.51 | $1.20 | 113.7% | -9.2% |
| Free Cash Flow | $103M | -$70M | $116M | 246.7% | -11.3% |
| Item | Amount |
|---|---|
| REVENUE | $965M |
| Cost of Revenue | $482M |
| GROSS PROFIT | $484M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $171M |
| Operating Expenses | $171M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $313M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $144M |
| EBIT | $324M |
| EBITDA | $468M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $965M |
| Cost of Revenue | $482M |
| GROSS PROFIT | $484M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $171M |
| Operating Expenses | $171M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $313M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $219M |
| D&A | $144M |
| EBIT | $324M |
| EBITDA | $468M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $144M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$45M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $347M |
| Capital Expenditure | -$244M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$262M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$84M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$76M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $462M |
| Inventory | $362M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $897M |
| PP&E (Net) | $12.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $123M |
| Tax Assets | $0 |
| Other Non-Current Assets | $502M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $270M |
| Short-Term Debt | $248M |
| Deferred Revenue | $110M |
| Other Current Liabilities | $155M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $5.3B |
| Net Debt | $5.3B |
