| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | 2.1% | -3.2% |
| Op. Income | $80M | -$27M | $62M | 403.4% | 29.5% |
| Gross Margin | 37.2% | 37.0% | 36.6% | 0.1pp | 0.6pp |
| Net Margin | -1.9% | -10.2% | 1.3% | 8.2pp | -3.2pp |
| EPS (Diluted) | $-0.15 | $-0.77 | $0.11 | 80.5% | -236.4% |
| Free Cash Flow | $15M | -$19M | $93M | 179.9% | -83.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $683M |
| GROSS PROFIT | $404M |
| R&D Expenses | $26M |
| Selling & Marketing | $155M |
| General & Administrative | $117M |
| SG&A Expenses | $272M |
| Other Expenses | $27M |
| Operating Expenses | $324M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $82M |
| EBIT | $79M |
| EBITDA | $162M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $206M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | $213M |
| Net Debt Issuance | $692M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $653M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $921M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $786M |
| Inventory | $1.1B |
| Other Current Assets | $326M |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $1.1B |
| Goodwill | $3.4B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $300M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $459M |
| Short-Term Debt | $441M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $214M |
| Other Non-Current Liabilities | $660M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $4.8B |
| Net Debt | $3.3B |
