| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.7B | $6.6B | -1.6% | -15.1% |
| Op. Income | $164M | $190M | $284M | -13.7% | -42.1% |
| Gross Margin | 11.6% | 11.8% | 12.5% | -0.3pp | -0.9pp |
| Net Margin | 1.5% | 1.6% | 2.4% | -0.1pp | -0.9pp |
| EPS (Diluted) | $0.91 | $0.97 | $1.68 | -6.2% | -45.8% |
| Free Cash Flow | $248M | $457M | $178M | -45.8% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $643M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $450M |
| Other Expenses | $28M |
| Operating Expenses | $479M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $36M |
| EBIT | $166M |
| EBITDA | $202M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $643M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $450M |
| Other Expenses | $28M |
| Operating Expenses | $479M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $64M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $36M |
| EBIT | $166M |
| EBITDA | $202M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $164M |
| OPERATING CASH FLOW | $274M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $365.0K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$77M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $248M |
| Net Change in Cash | $92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $311M |
| Short-Term Investments | $0 |
| Net Receivables | $4.4B |
| Inventory | $5.5B |
| Other Current Assets | $200M |
| TOTAL CURRENT ASSETS | $10.4B |
| PP&E (Net) | $777M |
| Goodwill | $781M |
| Intangible Assets | $0 |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $3.3B |
| Short-Term Debt | $547M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $259M |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $238M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $89M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$487M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $3.2B |
| Net Debt | $2.9B |
