| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $929M | $758M | $802M | 22.6% | 15.8% |
| Op. Income | $146M | $116M | $85M | 25.9% | 71.8% |
| Gross Margin | 45.0% | 49.6% | 41.3% | -4.6pp | 3.7pp |
| Net Margin | 10.1% | 9.5% | 5.9% | 0.6pp | 4.3pp |
| EPS (Diluted) | $0.90 | $0.70 | $0.46 | 28.6% | 95.7% |
| Free Cash Flow | -$9M | -$109M | -$170M | 91.7% | 94.7% |
| Item | Amount |
|---|---|
| REVENUE | $929M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $418M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $172M |
| Operating Expenses | $272M |
| Cost & Expenses | $783M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $126M |
| EBIT | $148M |
| EBITDA | $274M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $929M |
| Cost of Revenue | $511M |
| GROSS PROFIT | $418M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $172M |
| Operating Expenses | $272M |
| Cost & Expenses | $783M |
| OPERATING INCOME | $146M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $126M |
| EBIT | $148M |
| EBITDA | $274M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$253M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$261M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $459M |
| Inventory | $115M |
| Other Current Assets | $296M |
| TOTAL CURRENT ASSETS | $950M |
| PP&E (Net) | $10.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $856M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $351M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $386M |
| TOTAL CURRENT LIABILITIES | $972M |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $552M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $4.7B |
| Net Debt | $4.7B |
