| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | — | $3.7B | — | -9.8% |
| Op. Income | $165M | — | $369M | — | -55.3% |
| Gross Margin | 18.7% | — | 22.4% | — | -3.8pp |
| Net Margin | 12.7% | — | -8.0% | — | 20.6pp |
| EPS (Diluted) | $2.23 | — | $-1.41 | — | 258.2% |
| Free Cash Flow | -$106M | — | -$4M | — | -2550.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $626M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $455M |
| Operating Expenses | $461M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $165M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | $339M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $426M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $426M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $416M |
| D&A | $125M |
| EBIT | -$49M |
| EBITDA | $76M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $626M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $455M |
| Operating Expenses | $461M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $165M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | $339M |
| INCOME BEFORE TAX | $504M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $426M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $426M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $416M |
| D&A | $125M |
| EBIT | -$49M |
| EBITDA | $76M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $426M |
| Depreciation & Amortization | $204M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$682M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$50M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $851M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $795M |
| Net Debt Issuance | -$676M |
| Common Stock Repurchased | -$182M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$877M |
| FREE CASH FLOW | -$106M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $0 |
| Net Receivables | $695M |
| Inventory | $0 |
| Other Current Assets | $114M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $336M |
| Goodwill | $609M |
| Intangible Assets | $193M |
| Long-Term Investments | $3M |
| Tax Assets | $23M |
| Other Non-Current Assets | $183M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $157M |
| Short-Term Debt | $24M |
| Deferred Revenue | $103M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $744M |
| Long-Term Debt | $615M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $870M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$2.4B |
| Treasury Stock | -$210M |
| Accum. Other Comp. Income | -$472M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $981M |
| Minority Interest | $4M |
| TOTAL EQUITY | $985M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $829M |
| Net Debt | $463M |
