Revenue Performance:
- Total Revenue: $6.57 billion, up 4% YoY
- Gross Profit: $572 million, gross margin of 8.6%, vs. 7.1% previous year
- Operating Income: $311 million; operating margin at 6%
- Net Income: $192 million, net income margin at 2.9%
- EPS: $0.50, diluted EPS steady from the previous quarter and improved from $0.35 YoY.
Cash Flow and Balance Sheet Health:
- Operating Cash Flow: $399 million
- Free Cash Flow: $266 million
- Cash at Period End: $2.24 billion
- Total Debt: $1.26 billion, resulting in a manageable net debt position.
Comparison to Previous Quarter:
- Revenue grew by 2.77% from the prior quarter, indicating stable performance in successive quarters.
- Gross Profit increased by 1.6%, demonstrating enhanced operational efficiency.