| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.4B | — | -10.6% |
| Op. Income | $175M | — | $369M | — | -52.7% |
| Gross Margin | 37.0% | — | 44.8% | — | -7.8pp |
| Net Margin | 9.8% | — | 15.6% | — | -5.8pp |
| EPS (Diluted) | $0.38 | — | $0.76 | — | -50.0% |
| Free Cash Flow | -$171M | — | -$330M | — | 48.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $812M |
| GROSS PROFIT | $476M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $265M |
| Operating Expenses | $302M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $175M |
| Interest Income | $0 |
| Interest Expense | $183M |
| Other Income/Expenses | -$194M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$145M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $210M |
| EBIT | $222M |
| EBITDA | $432M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $210M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$150M |
| Other Non-Cash Items | $151M |
| Change in Working Capital | $170M |
| OPERATING CASH FLOW | $507M |
| Capital Expenditure | -$678M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$730.8K |
| NET CASH FROM INVESTING | -$679M |
| Net Debt Issuance | $185M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$102M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | -$171M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $0 |
| Net Receivables | $867M |
| Inventory | $571M |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $19.1B |
| Goodwill | $4.3B |
| Intangible Assets | $0 |
| Long-Term Investments | $478M |
| Tax Assets | $286M |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $28.7B |
| TOTAL ASSETS | $31.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $862M |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $13.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $21.7B |
| Common Stock | $6.6B |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $922M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $10M |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $31.4B |
| Total Debt | $14.5B |
| Net Debt | $14.3B |
