| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | $314M | — | 11.2% | — |
| Op. Income | $49M | $30M | — | 63.1% | — |
| Gross Margin | 84.3% | 16.3% | — | 68.0pp | — |
| Net Margin | 8.2% | 4.8% | — | 3.4pp | — |
| EPS (Diluted) | $1.69 | $1.05 | — | 60.4% | — |
| Free Cash Flow | $12M | $99M | — | -88.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $228M |
| Operating Expenses | $245M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $55M |
| EBIT | $51M |
| EBITDA | $106M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $228M |
| Operating Expenses | $245M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $55M |
| EBIT | $51M |
| EBITDA | $106M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.1K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $294M |
| Inventory | $30M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | $5M |
| Tax Assets | $20M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $207M |
| Short-Term Debt | $695.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $575M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $673M |
| TOTAL LIABILITIES | $897M |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$669M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $629M |
| Net Debt | $612M |
