| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $1.8B | 6.8% | 37.2% |
| Op. Income | $828M | $929M | $339M | -10.9% | 144.1% |
| Gross Margin | 44.2% | 47.0% | 31.8% | -2.8pp | 12.4pp |
| Net Margin | 26.3% | -32.8% | -8.2% | 59.0pp | 34.5pp |
| EPS (Diluted) | $0.52 | $-0.59 | $-0.11 | 187.4% | 550.9% |
| Free Cash Flow | $236M | $357M | -$405M | -33.9% | 158.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $147M |
| General & Administrative | $115M |
| SG&A Expenses | $261M |
| Other Expenses | $4M |
| Operating Expenses | $265M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $828M |
| Interest Income | $85M |
| Interest Expense | $316M |
| Other Income/Expenses | $175M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $351M |
| Net Income from Continuing Ops | $652M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $650M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $650M |
| D&A | $464M |
| EBIT | $1.3B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $147M |
| General & Administrative | $115M |
| SG&A Expenses | $261M |
| Other Expenses | $4M |
| Operating Expenses | $265M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $828M |
| Interest Income | $85M |
| Interest Expense | $316M |
| Other Income/Expenses | $175M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $351M |
| Net Income from Continuing Ops | $652M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $650M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $650M |
| D&A | $464M |
| EBIT | $1.3B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $652M |
| Depreciation & Amortization | $464M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $236M |
| Other Non-Cash Items | -$392M |
| Change in Working Capital | $98M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$828M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$604M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $132M |
| Common Stock Repurchased | -$503M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | -$316M |
| FREE CASH FLOW | $236M |
| Net Change in Cash | -$288M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $2.3B |
| Net Receivables | $1.7B |
| Inventory | $1.6B |
| Other Current Assets | $449M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $14.0B |
| Goodwill | $1.7B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $340M |
| Tax Assets | $668M |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $23.7B |
| TOTAL ASSETS | $30.9B |
| Account Payables | $1.1B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $34M |
| Other Current Liabilities | $193M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $19.2B |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $3.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$54M |
| Treasury Stock | -$270M |
| Accum. Other Comp. Income | $4.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.4B |
| Minority Interest | $26M |
| TOTAL EQUITY | $8.4B |
| TOTAL LIABILITIES & EQUITY | $30.9B |
| Total Debt | $19.0B |
| Net Debt | $17.8B |
