| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.0B | $3.7B | 20.3% | -0.5% |
| Op. Income | $911M | $449M | $915M | 102.9% | -0.4% |
| Gross Margin | 51.1% | 46.0% | 49.5% | 5.2pp | 1.7pp |
| Net Margin | 18.7% | 10.0% | 17.9% | 8.7pp | 0.8pp |
| EPS (Diluted) | $1.21 | $0.54 | $1.19 | 124.1% | 1.7% |
| Free Cash Flow | -$42M | -$641M | $257M | 93.4% | -116.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $952M |
| Operating Expenses | $952M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $911M |
| Interest Income | $0 |
| Interest Expense | $305M |
| Other Income/Expenses | -$219M |
| INCOME BEFORE TAX | $692M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $682M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $682M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $682M |
| D&A | $717M |
| EBIT | $997M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $952M |
| Operating Expenses | $952M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $911M |
| Interest Income | $0 |
| Interest Expense | $305M |
| Other Income/Expenses | -$219M |
| INCOME BEFORE TAX | $692M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $682M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $682M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $682M |
| D&A | $717M |
| EBIT | $997M |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $682M |
| Depreciation & Amortization | $717M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $121M |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | $277M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$224M |
| Sales/Maturities of Investments | $216M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$708M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$296M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $638M |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $56.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $63.8B |
| TOTAL ASSETS | $69.3B |
| Account Payables | $1.7B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $27.5B |
| Deferred Revenue NC | $154M |
| Deferred Tax Liabilities | $5.5B |
| Other Non-Current Liabilities | $10.0B |
| TOTAL NON-CURRENT LIABILITIES | $44.1B |
| TOTAL LIABILITIES | $49.9B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $9.6B |
| Retained Earnings | $8.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.4B |
| TOTAL LIABILITIES & EQUITY | $69.3B |
| Total Debt | $29.8B |
| Net Debt | $28.3B |
