| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | — | $7.7B | — | 2.5% |
| Op. Income | $57M | — | $121M | — | -52.9% |
| Gross Margin | 9.9% | — | 10.0% | — | -0.1pp |
| Net Margin | -4.0% | — | -1.1% | — | -2.9pp |
| EPS (Diluted) | $-3.49 | — | $-0.93 | — | -275.3% |
| Free Cash Flow | $55M | — | $108M | — | -49.1% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $7.1B |
| GROSS PROFIT | $782M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $297M |
| Other Expenses | $428M |
| Operating Expenses | $725M |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $57M |
| Interest Income | $5M |
| Interest Expense | $397M |
| Other Income/Expenses | -$397M |
| INCOME BEFORE TAX | -$340M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$321M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$314M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$314M |
| D&A | $325M |
| EBIT | $57M |
| EBITDA | $382M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$321M |
| Depreciation & Amortization | $325M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$62M |
| Other Non-Cash Items | $223M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $305M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $153M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $301M |
| Goodwill | $2.9B |
| Intangible Assets | $988M |
| Long-Term Investments | $104M |
| Tax Assets | $3M |
| Other Non-Current Assets | $195M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $560M |
| Short-Term Debt | $45M |
| Deferred Revenue | $256M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | -$3M |
| Deferred Tax Liabilities | $141M |
| Other Non-Current Liabilities | $246M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $772M |
| Retained Earnings | -$445M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $375M |
| Minority Interest | $41M |
| TOTAL EQUITY | $415M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $4.3B |
| Net Debt | $4.0B |
