| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.8B | — | -15.0% | — |
| Op. Income | $95M | $225M | — | -57.8% | — |
| Gross Margin | 39.9% | 41.7% | — | -1.9pp | — |
| Net Margin | 4.0% | 8.1% | — | -4.1pp | — |
| EPS (Diluted) | $0.47 | $1.13 | — | -58.4% | — |
| Free Cash Flow | $125M | $371M | — | -66.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $916M |
| GROSS PROFIT | $607M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $508M |
| SG&A Expenses | $505M |
| Other Expenses | $7M |
| Operating Expenses | $512M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $95M |
| Interest Income | $6M |
| Interest Expense | $29M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $42M |
| EBIT | $112M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $916M |
| GROSS PROFIT | $607M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $508M |
| SG&A Expenses | $505M |
| Other Expenses | $7M |
| Operating Expenses | $512M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $95M |
| Interest Income | $6M |
| Interest Expense | $29M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $42M |
| EBIT | $112M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $73M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$873.0K |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $125M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $249M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.1B |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.3B |
| Intangible Assets | $524M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $578M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $238M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $269M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$844M |
| Accum. Other Comp. Income | -$594M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $1M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.5B |
| Net Debt | $2.2B |
