Revenue Performance: Q3 2024 revenues were $4.18 billion, representing a 3.9% increase year-over-year (YoY) and a 3.67% increase quarter-over-quarter (QoQ).
Net Income: The net income for Q3 2024 was $357 million, marking a 20.61% YoY growth and a 21.43% rise from Q2 2024.
Earnings Per Share (EPS): Reported EPS came in at $1.07, which is a 21.59% increase YoY and 22.99% QoQ.
Gross Profit: The gross profit of $1.65 billion showed a slight decline YoY by 0.9% and a significant decrease QoQ of 3.45%, attributed to higher cost of revenues observed at $2.53 billion.
Operating Income: Operating income reached $233 million, exhibiting a 2.19% increase YoY but a notable decrease of 9.34% QoQ.
Key Ratios: The net profit margin improved to 8.54%, and the return on equity stood at 2.42%.