The company said revenue for Q3 (quarter ended September 27, 2024) rose 3% year over year to $1.54 billion, of which core revenue growth was 1%. It said adjusted operating profit margin (non-GAAP) was 26.8% and GAAP operating profit margin was 19.3%.

1. 01

   The company said revenue for Q3 (quarter ended September 27, 2024) rose 3% year over year to $1.54 billion, of which core revenue growth was 1%. It said adjusted operating profit margin (non-GAAP) was 26.8% and GAAP operating profit margin was 19.3%.

2. 02

   The company said net earnings for Q3 were $222 million and diluted earnings per share were $0.63. Adjusted net earnings were $342 million and adjusted diluted earnings per share were $0.97.

3. 03

   The company reported operating cash flow of $459.0 million for Q3 and free cash flow (non-GAAP) of $431.2 million, up 12.4% year over year. Operating cash flow for the 9 months was $1,024.6 million, and cash and cash equivalents as of September 27, 2024 were $811.3 million.

4. 04

   The company said it expects full-year 2024 revenue of approximately $6.24 billion to $6.26 billion and adjusted diluted earnings per share of $3.84 to $3.87. It also said it announced on September 4, 2024 its intention to separate into two independent public companies and targets completing the separation by Q4 2025.

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

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