| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.2B | -2.9% | -6.3% |
| Op. Income | $211M | $11M | $46M | 1813.6% | 356.6% |
| Gross Margin | 48.2% | 30.8% | 32.7% | 17.4pp | 15.5pp |
| Net Margin | 15.1% | 0.8% | 3.1% | 14.3pp | 12.0pp |
| EPS (Diluted) | $1.58 | $0.09 | $0.32 | 1685.3% | 393.8% |
| Free Cash Flow | $191M | $231M | $177M | -17.4% | 8.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $568M |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $318M |
| Operating Expenses | $318M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $211M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $76M |
| EBIT | $273M |
| EBITDA | $349M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $568M |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $318M |
| Operating Expenses | $318M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $211M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $166M |
| D&A | $76M |
| EBIT | $273M |
| EBITDA | $349M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $166M |
| Depreciation & Amortization | $76M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | -$163M |
| Change in Working Capital | $70M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $199M |
| Common Stock Repurchased | -$92M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $618M |
| NET CASH FROM FINANCING | $713M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | $752M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $7.8B |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | -$14.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $37.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$4.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $35.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $37.9B |
| Total Debt | $4.5B |
| Net Debt | $2.9B |
