| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.3B | — | -0.5% | — |
| Op. Income | $502M | $393M | — | 27.6% | — |
| Gross Margin | 67.9% | 67.0% | — | 0.9pp | — |
| Net Margin | 0.7% | -0.9% | — | 1.6pp | — |
| EPS (Diluted) | $0.03 | $-0.05 | — | 164.8% | — |
| Free Cash Flow | -$41M | $64M | — | -164.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.0B |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $502M |
| Interest Income | $0 |
| Interest Expense | $443M |
| Other Income/Expenses | -$431M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $396M |
| EBIT | $514M |
| EBITDA | $909M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.0B |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $502M |
| Interest Income | $0 |
| Interest Expense | $443M |
| Other Income/Expenses | -$431M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $396M |
| EBIT | $514M |
| EBITDA | $909M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $407M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$96M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $307M |
| Capital Expenditure | -$348M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$370.0K |
| NET CASH FROM INVESTING | -$350M |
| Net Debt Issuance | $123M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $121M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $0 |
| Net Receivables | $320M |
| Inventory | $0 |
| Other Current Assets | $326M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $8.5B |
| Goodwill | $8.0B |
| Intangible Assets | $14.3B |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $31.0B |
| TOTAL ASSETS | $32.0B |
| Account Payables | $967M |
| Short-Term Debt | $216M |
| Deferred Revenue | $77M |
| Other Current Liabilities | $319M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $24.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.8B |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $30.2B |
| TOTAL LIABILITIES | $32.4B |
| Common Stock | $5M |
| Additional Paid-In Capital | $210M |
| Retained Earnings | -$607M |
| Treasury Stock | -$10.0K |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$399M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$397M |
| TOTAL LIABILITIES & EQUITY | $32.0B |
| Total Debt | $25.5B |
| Net Debt | $25.1B |
