| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | -5.5% | -7.9% |
| Op. Income | -$27M | $40M | $18M | -167.5% | -250.0% |
| Gross Margin | 43.9% | 50.2% | 42.6% | -6.3pp | 1.3pp |
| Net Margin | 0.6% | 0.2% | 3.4% | 0.4pp | -2.8pp |
| EPS (Diluted) | $0.14 | $0.04 | $0.87 | 257.1% | -83.9% |
| Free Cash Flow | $479M | $482M | $617M | -0.6% | -22.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $648M |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $242M |
| SG&A Expenses | $290M |
| Other Expenses | $245M |
| Operating Expenses | $535M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$27M |
| Interest Income | $1.2B |
| Interest Expense | $231M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$34M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $22M |
| EBIT | -$27M |
| EBITDA | -$5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $444M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $479M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $942M |
| Common Stock Repurchased | -$44M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $228M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $479M |
| Net Change in Cash | $243M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $170M |
| Net Receivables | $145M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $229M |
| Goodwill | $634M |
| Intangible Assets | $112M |
| Long-Term Investments | $16.8B |
| Tax Assets | $708M |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $22.9B |
| Account Payables | $326M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $14.0B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $19.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $999M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $22.9B |
| Total Debt | $5.7B |
| Net Debt | $2.0B |
