| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $904M | $917M | — | -1.4% | — |
| Op. Income | $5M | $168M | — | -96.9% | — |
| Gross Margin | 33.2% | 34.7% | — | -1.6pp | — |
| Net Margin | -0.2% | 6.0% | — | -6.1pp | — |
| EPS (Diluted) | $-0.00 | $0.10 | — | -102.7% | — |
| Free Cash Flow | $389M | $45M | — | 757.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $904M |
| Cost of Revenue | $604M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $138M |
| SG&A Expenses | $264M |
| Other Expenses | $30M |
| Operating Expenses | $295M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $5M |
| Interest Income | $52M |
| Interest Expense | $105M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $0 |
| EBIT | $95M |
| EBITDA | $95M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $299M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $71M |
| Change in Working Capital | $115M |
| OPERATING CASH FLOW | $490M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$598M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | $499M |
| NET CASH FROM FINANCING | -$157M |
| FREE CASH FLOW | $389M |
| Net Change in Cash | $250M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $39M |
| Net Receivables | $493M |
| Inventory | $44M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $4.1B |
| Goodwill | $800M |
| Intangible Assets | $1.6B |
| Long-Term Investments | $3.2B |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $229M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $718M |
| Short-Term Debt | $230M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $169M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $273M |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $113M |
| Additional Paid-In Capital | $768M |
| Retained Earnings | $7.0B |
| Treasury Stock | -$853M |
| Accum. Other Comp. Income | -$608M |
| Other Equity | $113M |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $532M |
| TOTAL EQUITY | $7.1B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $5.7B |
| Net Debt | $3.6B |
