| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.9B | $3.3B | -23.1% | -9.2% |
| Op. Income | $194M | $326M | $224M | -40.4% | -13.3% |
| Gross Margin | 24.0% | 23.6% | 23.6% | 0.4pp | 0.3pp |
| Net Margin | 5.1% | 7.2% | 5.3% | -2.1pp | -0.3pp |
| EPS (Diluted) | $0.29 | $0.51 | $0.32 | -43.6% | -10.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $724M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $484M |
| Other Expenses | -$20M |
| Operating Expenses | $530M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $194M |
| Interest Income | $26M |
| Interest Expense | $2M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $48M |
| EBIT | $194M |
| EBITDA | $242M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $724M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $484M |
| Other Expenses | -$20M |
| Operating Expenses | $530M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $194M |
| Interest Income | $26M |
| Interest Expense | $2M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $48M |
| EBIT | $194M |
| EBITDA | $242M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$207M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $228M |
| Net Receivables | $597M |
| Inventory | $676M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $2.7B |
| Goodwill | $110M |
| Intangible Assets | $1.6B |
| Long-Term Investments | $772M |
| Tax Assets | $107M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $1.7B |
| Short-Term Debt | $789M |
| Deferred Revenue | $293M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $307M |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $467M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $724M |
| Retained Earnings | $5.9B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $223M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $886M |
| Net Debt | -$2.3B |
