| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | — | $3.9B | — | -3.5% |
| Op. Income | $369M | — | $163M | — | 126.4% |
| Gross Margin | 22.4% | — | 21.8% | — | 0.6pp |
| Net Margin | -8.0% | — | -4.7% | — | -3.2pp |
| EPS (Diluted) | $-1.41 | — | $-0.89 | — | -58.4% |
| Free Cash Flow | -$4M | — | -$9M | — | 55.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $834M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $458M |
| Operating Expenses | $465M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $369M |
| Interest Income | $18M |
| Interest Expense | $111M |
| Other Income/Expenses | -$701M |
| INCOME BEFORE TAX | -$332M |
| Income Tax Expense | -$36M |
| Net Income from Continuing Ops | -$296M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$306M |
| D&A | $150M |
| EBIT | $90M |
| EBITDA | $240M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$296M |
| Depreciation & Amortization | $264M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | $294M |
| Change in Working Capital | -$138M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $498M |
| Short-Term Investments | $0 |
| Net Receivables | $783M |
| Inventory | $0 |
| Other Current Assets | $304M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $388M |
| Goodwill | $651M |
| Intangible Assets | $267M |
| Long-Term Investments | $0 |
| Tax Assets | $21M |
| Other Non-Current Assets | $180M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $174M |
| Short-Term Debt | $34M |
| Deferred Revenue | $91M |
| Other Current Liabilities | $295M |
| TOTAL CURRENT LIABILITIES | $868M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | $171M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.8B |
| Treasury Stock | -$27M |
| Accum. Other Comp. Income | -$435M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $629M |
| Minority Interest | $4M |
| TOTAL EQUITY | $633M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.5B |
| Net Debt | $995M |
