| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $1.1B | -21.2% | 7.5% |
| Op. Income | $200M | $272M | $77M | -26.5% | 158.9% |
| Gross Margin | 29.5% | 30.4% | 18.4% | -0.9pp | 11.0pp |
| Net Margin | 11.0% | 10.3% | 3.9% | 0.7pp | 7.1pp |
| EPS (Diluted) | $2.28 | $2.74 | $0.77 | -16.8% | 196.1% |
| Free Cash Flow | $575M | $288M | $541M | 99.7% | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $848M |
| GROSS PROFIT | $354M |
| R&D Expenses | $9M |
| Selling & Marketing | $46M |
| General & Administrative | $89M |
| SG&A Expenses | $136M |
| Other Expenses | $10M |
| Operating Expenses | $154M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $20M |
| EBIT | $222M |
| EBITDA | $242M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $848M |
| GROSS PROFIT | $354M |
| R&D Expenses | $9M |
| Selling & Marketing | $46M |
| General & Administrative | $89M |
| SG&A Expenses | $136M |
| Other Expenses | $10M |
| Operating Expenses | $154M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $200M |
| Interest Income | $0 |
| Interest Expense | $39M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $20M |
| EBIT | $222M |
| EBITDA | $242M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $394M |
| OPERATING CASH FLOW | $588M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$333M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$364M |
| FREE CASH FLOW | $575M |
| Net Change in Cash | $215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $0 |
| Net Receivables | $505M |
| Inventory | $607M |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $599M |
| Goodwill | $244M |
| Intangible Assets | $425M |
| Long-Term Investments | $107M |
| Tax Assets | $0 |
| Other Non-Current Assets | $576M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $317M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $485M |
| TOTAL CURRENT LIABILITIES | $854M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $345M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $361M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $586M |
| Treasury Stock | -$976M |
| Accum. Other Comp. Income | -$117M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$146M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$146M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.5B |
| Net Debt | $2.2B |
