| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.1B | -3.2% | 10.9% |
| Op. Income | $258M | $273M | $247M | -5.5% | 4.5% |
| Gross Margin | 29.4% | 30.9% | 31.7% | -1.5pp | -2.3pp |
| Net Margin | -0.1% | 5.6% | 8.2% | -5.7pp | -8.3pp |
| EPS (Diluted) | $-0.01 | $0.44 | $0.57 | -102.3% | -101.8% |
| Free Cash Flow | $147M | $100M | $112M | 47.0% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $675M |
| R&D Expenses | $26M |
| Selling & Marketing | $188M |
| General & Administrative | $182M |
| SG&A Expenses | $370M |
| Other Expenses | $21M |
| Operating Expenses | $417M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $258M |
| Interest Income | $1M |
| Interest Expense | $84M |
| Other Income/Expenses | -$264M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $113M |
| EBIT | $78M |
| EBITDA | $191M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$60M |
| Other Non-Cash Items | $209M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $288M |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$111M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | $147M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $630M |
| Inventory | $1.4B |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $3.0B |
| Goodwill | $5.1B |
| Intangible Assets | $4.7B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $1.3B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $228M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $408M |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $11.4B |
| Common Stock | $12M |
| Additional Paid-In Capital | $437M |
| Retained Earnings | $4.6B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $2M |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $7.5B |
| Net Debt | $7.4B |
