| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $617M | $420M | $383M | 46.7% | 61.1% |
| Op. Income | $13M | $99M | -$43M | -87.2% | 129.6% |
| Gross Margin | 15.7% | 36.1% | 17.8% | -20.4pp | -2.1pp |
| Net Margin | 9.5% | 25.7% | -2.9% | -16.3pp | 12.4pp |
| EPS (Diluted) | $0.13 | $0.25 | $-0.03 | -47.1% | 604.2% |
| Free Cash Flow | $115M | $104M | $32M | 11.3% | 264.1% |
| Item | Amount |
|---|---|
| REVENUE | $617M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $97M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $38M |
| Operating Expenses | $84M |
| Cost & Expenses | $604M |
| OPERATING INCOME | $13M |
| Interest Income | $14M |
| Interest Expense | $24M |
| Other Income/Expenses | $65M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $34M |
| EBIT | $103M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $617M |
| Cost of Revenue | $520M |
| GROSS PROFIT | $97M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $38M |
| Operating Expenses | $84M |
| Cost & Expenses | $604M |
| OPERATING INCOME | $13M |
| Interest Income | $14M |
| Interest Expense | $24M |
| Other Income/Expenses | $65M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $34M |
| EBIT | $103M |
| EBITDA | $137M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $717.6K |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $147M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$2.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24.1K |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $596M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $547M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $414M |
| Short-Term Investments | $0 |
| Net Receivables | $317M |
| Inventory | $615M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $32M |
| Long-Term Investments | $2.3B |
| Tax Assets | $652M |
| Other Non-Current Assets | $449M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $270M |
| Short-Term Debt | $365M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $869M |
| Long-Term Debt | $939M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $998M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $158M |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $2.9K |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $1.3B |
| Net Debt | $890M |
