The company said revenue for Q2 2024 rose to $3.67 billion from $3.05 billion a year earlier, up 20.4%. Net income was $247.6 million, or $5.25 per diluted share, compared with $140.6 million, or $2.95 per share, a year earlier.

1. 01

   The company said revenue for Q2 2024 rose to $3.67 billion from $3.05 billion a year earlier, up 20.4%. Net income was $247.6 million, or $5.25 per diluted share, compared with $140.6 million, or $2.95 per share, a year earlier.

2. 02

   The company said operating income for Q2 2024 was $332.8 million, or 9.1% of revenue, compared with $196.7 million, or 6.5% of revenue, a year earlier. It said selling, general and administrative expenses were $351.2 million, or 9.6% of revenue.

3. 03

   The company said it is raising its full-year 2024 revenue guidance range to $14.5 billion to $15.0 billion from the prior range of $14.0 billion to $14.5 billion. It also raised its diluted earnings per share guidance range to $19.00 to $20.00 from the prior range of $15.50 to $16.50.

4. 04

   The company disclosed in a filing that net cash provided by operating activities for the first 6 months of 2024 was $411,958 thousand. Over the same period, it spent $149,009 thousand on repurchases of common stock and $173,265 thousand on acquisitions of businesses, net of cash acquired.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.