| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $885M | $887M | $848M | -0.2% | 4.4% |
| Op. Income | $93M | $129M | $191M | -27.9% | -51.1% |
| Gross Margin | 41.9% | 45.8% | 55.9% | -3.9pp | -14.0pp |
| Net Margin | 8.0% | 10.9% | 16.4% | -2.9pp | -8.4pp |
| EPS (Diluted) | $0.13 | $0.18 | $0.27 | -27.8% | -51.9% |
| Free Cash Flow | $214M | $100M | $552M | 115.1% | -61.3% |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $514M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $154M |
| SG&A Expenses | $154M |
| Other Expenses | $124M |
| Operating Expenses | $277M |
| Cost & Expenses | $791M |
| OPERATING INCOME | $93M |
| Interest Income | $833M |
| Interest Expense | $432M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $19M |
| EBIT | $93M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $514M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $154M |
| SG&A Expenses | $154M |
| Other Expenses | $124M |
| Operating Expenses | $277M |
| Cost & Expenses | $791M |
| OPERATING INCOME | $93M |
| Interest Income | $833M |
| Interest Expense | $432M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $19M |
| EBIT | $93M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $214M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$820M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | -$395M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$890.0K |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $961M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $27M |
| Net Receivables | $251M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $701M |
| Goodwill | $1.9B |
| Intangible Assets | $144M |
| Long-Term Investments | $55.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $60.8B |
| TOTAL ASSETS | $62.1B |
| Account Payables | $0 |
| Short-Term Debt | $64M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50.1B |
| TOTAL CURRENT LIABILITIES | $50.2B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $55.3B |
| Common Stock | $179M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $62.1B |
| Total Debt | $3.8B |
| Net Debt | $2.8B |
