| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $806M | — | $781M | — | 3.2% |
| Op. Income | $66M | — | $10M | — | 597.9% |
| Gross Margin | 14.9% | — | 8.1% | — | 6.8pp |
| Net Margin | 6.1% | — | 0.7% | — | 5.4pp |
| EPS (Diluted) | $0.99 | — | $0.11 | — | 800.0% |
| Free Cash Flow | $22M | — | $107M | — | -79.2% |
| Item | Amount |
|---|---|
| REVENUE | $806M |
| Cost of Revenue | $686M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $1M |
| Operating Expenses | $54M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $16M |
| EBIT | $69M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $806M |
| Cost of Revenue | $686M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $1M |
| Operating Expenses | $54M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $16M |
| EBIT | $69M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$900.0K |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$150M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$174M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$154M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $475M |
| Inventory | $408M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $520M |
| Goodwill | $80M |
| Intangible Assets | $79M |
| Long-Term Investments | $130M |
| Tax Assets | $6M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $826M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $407M |
| Short-Term Debt | $147M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $645M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $779M |
| Common Stock | $0 |
| Additional Paid-In Capital | $903M |
| Retained Earnings | $41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $938M |
| Minority Interest | $133M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $222M |
| Net Debt | $162M |
