| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.4B | $4.9B | 0.9% | -9.9% |
| Op. Income | $219M | $162M | $278M | 35.3% | -21.3% |
| Gross Margin | 9.0% | 7.7% | 10.6% | 1.3pp | -1.6pp |
| Net Margin | 2.8% | 1.3% | 4.2% | 1.4pp | -1.4pp |
| EPS (Diluted) | $-0.52 | $0.22 | $0.78 | -336.4% | -166.7% |
| Free Cash Flow | $882M | $56M | $916M | 1487.4% | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $397M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $113M |
| Operating Expenses | $178M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $160M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $263M |
| BOTTOM LINE NET INCOME | -$140M |
| D&A | $113M |
| EBIT | $266M |
| EBITDA | $379M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $397M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $113M |
| Operating Expenses | $178M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $219M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | $160M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $263M |
| BOTTOM LINE NET INCOME | -$140M |
| D&A | $113M |
| EBIT | $266M |
| EBITDA | $379M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | $804M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$139M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$738M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$761M |
| FREE CASH FLOW | $882M |
| Net Change in Cash | $237M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $672M |
| Short-Term Investments | $42M |
| Net Receivables | $2.1B |
| Inventory | $388M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $2.2B |
| Goodwill | $4.7B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $121M |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $964M |
| Deferred Revenue | $371M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $375M |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $240M |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $7M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $5.6B |
| Net Debt | $4.9B |
