| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.6B | -0.5% | -6.3% |
| Op. Income | $61M | $76M | $144M | -19.8% | -58.0% |
| Gross Margin | 39.0% | 38.3% | 41.0% | 0.7pp | -2.0pp |
| Net Margin | 4.5% | 4.6% | 6.1% | -0.2pp | -1.6pp |
| EPS (Diluted) | $0.64 | $0.66 | $0.90 | -3.0% | -28.9% |
| Free Cash Flow | $112M | $130M | $161M | -13.7% | -30.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $893M |
| GROSS PROFIT | $572M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $511M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $61M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $22M |
| EBIT | $61M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $893M |
| GROSS PROFIT | $572M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $511M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $61M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $22M |
| EBIT | $61M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $570M |
| Short-Term Investments | $0 |
| Net Receivables | $885M |
| Inventory | $0 |
| Other Current Assets | $744M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $325M |
| Goodwill | $238M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $150M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $726M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $137M |
| Short-Term Debt | $66M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $173M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$148M |
| TOTAL NON-CURRENT LIABILITIES | $198M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $103.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $104M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $412M |
| Net Debt | -$158M |
