| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.3B | -0.3% | -4.4% |
| Op. Income | -$2.9B | $471M | $528M | -715.9% | -649.4% |
| Gross Margin | 48.6% | 48.8% | 49.6% | -0.2pp | -1.0pp |
| Net Margin | -113.1% | 14.0% | 10.3% | -127.1pp | -123.4pp |
| EPS (Diluted) | $-7.24 | $0.74 | $0.94 | -1078.4% | -870.2% |
| Free Cash Flow | $24M | $316M | $312M | -92.4% | -92.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $68M |
| Selling & Marketing | $217M |
| General & Administrative | $138M |
| SG&A Expenses | $355M |
| Other Expenses | $3.5B |
| Operating Expenses | $4.0B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | -$2.9B |
| Interest Income | $0 |
| Interest Expense | $124M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | -$3.0B |
| Income Tax Expense | -$39M |
| Net Income from Continuing Ops | -$3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.5B |
| D&A | $154M |
| EBIT | -$2.9B |
| EBITDA | -$2.7B |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$2.5B |
| Depreciation & Amortization | $154M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$154M |
| Other Non-Cash Items | $2.9B |
| Change in Working Capital | -$199M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$216M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$235M |
| Net Debt Issuance | -$191M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $154M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $668M |
| Inventory | $0 |
| Other Current Assets | $338M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $2.0B |
| Goodwill | $12.4B |
| Intangible Assets | $10.2B |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $658M |
| TOTAL NON-CURRENT ASSETS | $26.4B |
| TOTAL ASSETS | $27.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $589M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $10.1B |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $27.5B |
| Total Debt | $10.7B |
| Net Debt | $10.6B |
