| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $942M | $908M | $931M | 3.7% | 1.2% |
| Op. Income | $72M | $60M | $90M | 20.5% | -20.4% |
| Gross Margin | 51.0% | 51.0% | 50.9% | 0.1pp | 0.1pp |
| Net Margin | 4.0% | 3.2% | 5.5% | 0.8pp | -1.5pp |
| EPS (Diluted) | $0.36 | $0.27 | $0.46 | 33.3% | -21.7% |
| Free Cash Flow | $29M | $23M | $32M | 25.9% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $942M |
| Cost of Revenue | $461M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $409M |
| Operating Expenses | $409M |
| Cost & Expenses | $871M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $29M |
| EBIT | $72M |
| EBITDA | $101M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $942M |
| Cost of Revenue | $461M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $409M |
| Operating Expenses | $409M |
| Cost & Expenses | $871M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $29M |
| EBIT | $72M |
| EBITDA | $101M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$762.0K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $201.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $1.0B |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $828M |
| Goodwill | $534M |
| Intangible Assets | $53M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $235M |
| Short-Term Debt | $186M |
| Deferred Revenue | $17M |
| Other Current Liabilities | -$51M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $979M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $698M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $578M |
| Minority Interest | $0 |
| TOTAL EQUITY | $578M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
