| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.1B | $2.6B | 15.0% | 38.4% |
| Op. Income | $73M | $341M | $32M | -78.6% | 128.1% |
| Gross Margin | 21.8% | 28.6% | 18.9% | -6.8pp | 2.9pp |
| Net Margin | 2.0% | 7.7% | -0.1% | -5.7pp | 2.1pp |
| EPS (Diluted) | $0.55 | $1.84 | $-0.02 | -70.1% | 3603.2% |
| Free Cash Flow | -$155M | $53M | -$556M | -392.5% | 72.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $771M |
| R&D Expenses | $0 |
| Selling & Marketing | $106M |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $592M |
| Operating Expenses | $698M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $73M |
| Interest Income | $32M |
| Interest Expense | $46M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $143M |
| EBIT | $160M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $771M |
| R&D Expenses | $0 |
| Selling & Marketing | $106M |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $592M |
| Operating Expenses | $698M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $73M |
| Interest Income | $32M |
| Interest Expense | $46M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $143M |
| EBIT | $160M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $190M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$127M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $274M |
| Capital Expenditure | -$429M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$404M |
| Sales/Maturities of Investments | $608M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$198M |
| Net Debt Issuance | $330M |
| Common Stock Repurchased | -$249M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | $188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $1.3B |
| Net Receivables | $558M |
| Inventory | $199M |
| Other Current Assets | $221M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $11.2B |
| Goodwill | $2.7B |
| Intangible Assets | $873M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.0B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $186M |
| Short-Term Debt | $442M |
| Deferred Revenue | $3.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $1.7B |
| Deferred Tax Liabilities | $934M |
| Other Non-Current Liabilities | $917M |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $811M |
| Retained Earnings | $4.9B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $6.4B |
| Net Debt | $5.2B |
