| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $522M | $544M | — | -4.0% | — |
| Op. Income | $31M | -$61M | — | 150.8% | — |
| Gross Margin | 33.3% | 34.2% | — | -0.9pp | — |
| Net Margin | 3.1% | 1.1% | — | 2.0pp | — |
| EPS (Diluted) | $0.33 | $0.12 | — | 175.0% | — |
| Free Cash Flow | $29M | $87M | — | -66.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $348M |
| GROSS PROFIT | $174M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $101M |
| SG&A Expenses | $101M |
| Other Expenses | $29M |
| Operating Expenses | $143M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $31M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $53M |
| EBIT | $40M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $348M |
| GROSS PROFIT | $174M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $101M |
| SG&A Expenses | $101M |
| Other Expenses | $29M |
| Operating Expenses | $143M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $31M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $53M |
| EBIT | $40M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$165M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $157M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $545M |
| Other Current Assets | $107M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $1.4B |
| Intangible Assets | $757M |
| Long-Term Investments | $3M |
| Tax Assets | $210M |
| Other Non-Current Assets | $682M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $214M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $490M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $810M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$448M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
