| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $592M | $621M | $612M | -4.7% | -3.3% |
| Op. Income | $141M | $155M | $118M | -9.3% | 19.4% |
| Gross Margin | 26.4% | 27.4% | 21.5% | -1.0pp | 4.9pp |
| Net Margin | -4.7% | 21.8% | -74.8% | -26.5pp | 70.0pp |
| EPS (Diluted) | $-0.04 | $0.17 | $-0.55 | -120.9% | 93.6% |
| Free Cash Flow | $188M | $177M | $175M | 6.2% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $592M |
| Cost of Revenue | $436M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $141M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$125M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $247M |
| EBIT | $141M |
| EBITDA | $387M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $330M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $343M |
| Capital Expenditure | -$155M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $283M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $329M |
| PP&E (Net) | $5.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $130M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $375M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $419M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $478M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $264M |
| Retained Earnings | -$2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $799M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
