| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $982M | $1.1B | $1.0B | -10.4% | -3.7% |
| Op. Income | $153M | $202M | $146M | -24.0% | 5.2% |
| Gross Margin | 45.7% | 47.9% | 46.4% | -2.2pp | -0.7pp |
| Net Margin | 7.8% | 10.1% | 6.2% | -2.4pp | 1.5pp |
| EPS (Diluted) | $0.36 | $0.54 | $0.30 | -33.3% | 20.0% |
| Free Cash Flow | $221M | $281M | $57M | -21.3% | 287.7% |
| Item | Amount |
|---|---|
| REVENUE | $982M |
| Cost of Revenue | $533M |
| GROSS PROFIT | $449M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $178M |
| Other Expenses | $117M |
| Operating Expenses | $295M |
| Cost & Expenses | $828M |
| OPERATING INCOME | $153M |
| Interest Income | $7M |
| Interest Expense | $57M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $9M |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $151M |
| EBIT | $159M |
| EBITDA | $310M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $982M |
| Cost of Revenue | $533M |
| GROSS PROFIT | $449M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $178M |
| Other Expenses | $117M |
| Operating Expenses | $295M |
| Cost & Expenses | $828M |
| OPERATING INCOME | $153M |
| Interest Income | $7M |
| Interest Expense | $57M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $9M |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $151M |
| EBIT | $159M |
| EBITDA | $310M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $151M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $285M |
| Capital Expenditure | -$64M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $221M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $651M |
| Short-Term Investments | $0 |
| Net Receivables | $762M |
| Inventory | $164M |
| Other Current Assets | $222M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $2.7B |
| Goodwill | $4.5B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $141M |
| Short-Term Debt | $36M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $640M |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $11M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $4.2B |
| Net Debt | $3.6B |
