The company said revenue for Q2 2024 fell 16% from a year earlier to $3,822 million, compared with $4,531 million, and net income fell 35% to $1,127 million. It said earnings per share were $1.22.

1. 01

   The company said revenue for Q2 2024 fell 16% from a year earlier to $3,822 million, compared with $4,531 million, and net income fell 35% to $1,127 million. It said earnings per share were $1.22.

2. 02

   The company said its Q2 earnings per share included a 5-cent benefit for items that were not in its original guidance, and that discrete tax items for Q2 were $(50) million.

3. 03

   The company said cash flow from operations for the trailing 12 months ended June 30, 2024 was $6,449 million, capital expenditures were $4,955 million and free cash flow was $1,494 million, down 53% from $3,182 million a year earlier. The trailing period is 12 months.

4. 04

   The company gave its outlook for Q3, with revenue of $3.94 billion to $4.26 billion and earnings per share of $1.24 to $1.48, and said it continues to expect its effective tax rate to be about 13%.

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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