| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | — | -4.2% | — |
| Op. Income | -$556M | $471M | — | -218.0% | — |
| Gross Margin | 27.7% | 28.3% | — | -0.6pp | — |
| Net Margin | -19.5% | 10.2% | — | -29.7pp | — |
| EPS (Diluted) | $-1.18 | $0.64 | — | -284.4% | — |
| Free Cash Flow | $406M | $581M | — | -30.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $805M |
| R&D Expenses | $61M |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | -$61M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | -$556M |
| Interest Income | $2M |
| Interest Expense | $107M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | -$602M |
| Income Tax Expense | -$35M |
| Net Income from Continuing Ops | -$567M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$567M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$567M |
| D&A | $109M |
| EBIT | -$364M |
| EBITDA | -$255M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$567M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $971M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $200.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$241M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$167M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$406M |
| FREE CASH FLOW | $406M |
| Net Change in Cash | -$800.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $872M |
| Inventory | $2.0B |
| Other Current Assets | $219M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $2.8B |
| Goodwill | $10.3B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $17.7B |
| TOTAL ASSETS | $20.9B |
| Account Payables | $1.5B |
| Short-Term Debt | $949M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $7.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $9.1B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.4B |
| Minority Interest | $71M |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $20.9B |
| Total Debt | $8.6B |
| Net Debt | $8.5B |
