| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.6B | $3.4B | 1.7% | 5.0% |
| Op. Income | $21M | $361M | $460M | -94.2% | -95.4% |
| Gross Margin | 31.0% | 30.3% | 34.7% | 0.8pp | -3.7pp |
| Net Margin | 0.6% | 8.0% | 10.7% | -7.4pp | -10.1pp |
| EPS (Diluted) | $0.08 | $1.04 | $1.35 | -92.6% | -94.3% |
| Free Cash Flow | $665M | $730M | $497M | -8.9% | 33.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $16M |
| EBIT | $53M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $16M |
| EBIT | $53M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$87M |
| Other Non-Cash Items | $458M |
| Change in Working Capital | $295M |
| OPERATING CASH FLOW | $703M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$555M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$119M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $665M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $472M |
| Short-Term Investments | $3.8B |
| Net Receivables | $9.7B |
| Inventory | $0 |
| Other Current Assets | -$14.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $295M |
| Goodwill | $145M |
| Intangible Assets | $77M |
| Long-Term Investments | $46.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$46.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $66.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $4.5B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53.0B |
| TOTAL NON-CURRENT LIABILITIES | $56.0B |
| TOTAL LIABILITIES | $56.0B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.7B |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $66.5B |
| Total Debt | $3.0B |
| Net Debt | $2.5B |
