| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $942M | $1.1B | 19.3% | -0.5% |
| Op. Income | $62M | $28M | $99M | 120.0% | -37.3% |
| Gross Margin | 38.2% | 39.7% | 40.0% | -1.5pp | -1.9pp |
| Net Margin | 3.3% | 1.5% | 8.1% | 1.8pp | -4.8pp |
| EPS (Diluted) | $0.25 | $0.10 | $0.62 | 155.4% | -59.7% |
| Free Cash Flow | $266M | -$179M | $173M | 248.5% | 53.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $695M |
| GROSS PROFIT | $429M |
| R&D Expenses | $172M |
| Selling & Marketing | $137M |
| General & Administrative | $58M |
| SG&A Expenses | $195M |
| Other Expenses | $0 |
| Operating Expenses | $367M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $62M |
| Interest Income | $16M |
| Interest Expense | $25M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $34M |
| EBIT | $73M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $695M |
| GROSS PROFIT | $429M |
| R&D Expenses | $172M |
| Selling & Marketing | $137M |
| General & Administrative | $58M |
| SG&A Expenses | $195M |
| Other Expenses | $0 |
| Operating Expenses | $367M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $62M |
| Interest Income | $16M |
| Interest Expense | $25M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $34M |
| EBIT | $73M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$57M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | $242M |
| OPERATING CASH FLOW | $349M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | $22M |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$142M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $266M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $935M |
| Short-Term Investments | $316M |
| Net Receivables | $1.2B |
| Inventory | $820M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $365M |
| Goodwill | $445M |
| Intangible Assets | $165M |
| Long-Term Investments | $81M |
| Tax Assets | $886M |
| Other Non-Current Assets | $155M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $423M |
| Short-Term Debt | $12M |
| Deferred Revenue | $156M |
| Other Current Liabilities | $168M |
| TOTAL CURRENT LIABILITIES | $1000M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $81M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | -$3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $1.6B |
| Net Debt | $697M |
