| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $735M | $741M | $854M | -0.8% | -13.9% |
| Op. Income | -$18M | $38M | $115M | -148.2% | -115.9% |
| Gross Margin | 20.5% | 22.0% | 27.8% | -1.5pp | -7.3pp |
| Net Margin | -2.6% | 3.2% | 7.7% | -5.8pp | -10.3pp |
| EPS (Diluted) | $-0.14 | $0.17 | $0.47 | -182.4% | -129.8% |
| Free Cash Flow | -$9M | -$87M | $55M | 89.7% | -116.2% |
| Item | Amount |
|---|---|
| REVENUE | $735M |
| Cost of Revenue | $584M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $41M |
| Operating Expenses | $169M |
| Cost & Expenses | $754M |
| OPERATING INCOME | -$18M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $54M |
| EBIT | -$17M |
| EBITDA | $36M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $132.0K |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $644M |
| Short-Term Investments | $13M |
| Net Receivables | $429M |
| Inventory | $687M |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.6B |
| Goodwill | $255M |
| Intangible Assets | $83M |
| Long-Term Investments | $0 |
| Tax Assets | $161M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $210M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $714M |
| Long-Term Debt | $821M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $112M |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $15M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$199M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $6M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $949M |
| Net Debt | $306M |
