TVE delivered a mixed QQ3 2024 result characterized by top-line resilience and solid earnings power but a heavy capital structure that constrains free cash flow generation. Revenue reached $2.88 billion, up 6.71% year-over-year, while quarterly revenue declined 8.72% sequentially due to seasonality and mix shifts. Gross profit of $1.132 billion yielded a gross margin of 39.32%, and operating income rose 83.12% year-over-year to $434 million, though it contracted 25.30% quarter-over-quarter, reflecting ongoing cost and revenue dynamics. Net income of $181 million, up 412.07% year-over-year, produced EPS of $344.76, driven by a favorable base effect and stable operating leverage despite a softer quarter on a QoQ basis.