| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | — | -1.3% | — |
| Op. Income | $176M | $197M | — | -10.7% | — |
| Gross Margin | 12.0% | 12.7% | — | -0.8pp | — |
| Net Margin | 4.6% | 7.2% | — | -2.6pp | — |
| EPS (Diluted) | $0.79 | $1.25 | — | -36.8% | — |
| Free Cash Flow | $137M | $16M | — | 756.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $37M |
| Operating Expenses | $70M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $126M |
| EBIT | $191M |
| EBITDA | $317M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $37M |
| Operating Expenses | $70M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $126M |
| EBIT | $191M |
| EBITDA | $317M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $378M |
| Short-Term Investments | $3M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $209M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $4.1B |
| Goodwill | $1.5B |
| Intangible Assets | $381M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $258M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $445M |
| Short-Term Debt | $68M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $111M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $371M |
| Other Non-Current Liabilities | $391M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $496M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$195M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $4.2B |
| Net Debt | $3.8B |
