| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $570M | $550M | $634M | 3.7% | -10.2% |
| Op. Income | $13M | $93M | $169M | -85.7% | -92.1% |
| Gross Margin | 76.6% | 78.8% | 78.7% | -2.2pp | -2.1pp |
| Net Margin | 5.4% | 17.4% | 24.8% | -12.0pp | -19.4pp |
| EPS (Diluted) | $1.04 | $3.22 | $5.05 | -67.7% | -79.4% |
| Free Cash Flow | $80M | $122M | $169M | -34.0% | -52.4% |
| Item | Amount |
|---|---|
| REVENUE | $570M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $385M |
| Operating Expenses | $423M |
| Cost & Expenses | $557M |
| OPERATING INCOME | $13M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $833.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $58M |
| EBIT | $39M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $570M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $436M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $385M |
| Operating Expenses | $423M |
| Cost & Expenses | $557M |
| OPERATING INCOME | $13M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $833.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $58M |
| EBIT | $39M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $71M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $408M |
| Short-Term Investments | $52M |
| Net Receivables | $163M |
| Inventory | $96M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $786M |
| PP&E (Net) | $1.9B |
| Goodwill | $1.1B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.3B |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $144M |
| Short-Term Debt | $113M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $519M |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $643M |
| TOTAL NON-CURRENT LIABILITIES | $793M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $294.0K |
| Additional Paid-In Capital | $540M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $214M |
| Net Debt | -$195M |
