| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | — | $3.4B | — | -9.4% |
| Op. Income | $136M | — | $165M | — | -17.6% |
| Gross Margin | 18.1% | — | 18.7% | — | -0.5pp |
| Net Margin | -5.6% | — | 12.7% | — | -18.3pp |
| EPS (Diluted) | $-1.14 | — | $2.23 | — | -151.1% |
| Free Cash Flow | -$132M | — | -$106M | — | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $552M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $412M |
| Other Expenses | $0 |
| Operating Expenses | $416M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $136M |
| Interest Income | $7M |
| Interest Expense | $48M |
| Other Income/Expenses | -$296M |
| INCOME BEFORE TAX | -$160M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$180M |
| D&A | $194M |
| EBIT | -$112M |
| EBITDA | $82M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$170M |
| Depreciation & Amortization | $198M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | -$73M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | -$132M |
| Net Change in Cash | -$134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $644M |
| Inventory | $0 |
| Other Current Assets | $192M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $317M |
| Goodwill | $617M |
| Intangible Assets | $169M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $142M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $292M |
| TOTAL CURRENT LIABILITIES | $681M |
| Long-Term Debt | $665M |
| Deferred Revenue NC | $69M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $889M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$2.6B |
| Treasury Stock | -$235M |
| Accum. Other Comp. Income | -$437M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $827M |
| Minority Interest | $0 |
| TOTAL EQUITY | $827M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $841M |
| Net Debt | $608M |
