| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $405M | $396M | — | 2.3% | — |
| Op. Income | $136M | $161M | — | -15.5% | — |
| Gross Margin | 33.6% | 40.6% | — | -7.1pp | — |
| Net Margin | 15.9% | 20.6% | — | -4.7pp | — |
| EPS (Diluted) | $0.31 | $0.39 | — | -22.2% | — |
| Free Cash Flow | $71M | $100M | $33M | -29.0% | 113.8% |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $269M |
| OPERATING INCOME | $136M |
| Interest Income | $4M |
| Interest Expense | $69M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $45M |
| EBIT | $150M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $269M |
| OPERATING INCOME | $136M |
| Interest Income | $4M |
| Interest Expense | $69M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $45M |
| EBIT | $150M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$266M |
| NET CASH FROM FINANCING | -$266M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$176M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $186M |
| Other Current Assets | $565M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $8.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $780M |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $1.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $460M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $593M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $5.9B |
| Net Debt | $5.6B |
