| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $850M | $808M | $812M | 5.2% | 4.6% |
| Op. Income | $150M | $136M | $101M | 10.1% | 48.5% |
| Gross Margin | 45.6% | 46.0% | 42.4% | -0.5pp | 3.1pp |
| Net Margin | 12.0% | 9.6% | 4.7% | 2.4pp | 7.4pp |
| EPS (Diluted) | $0.67 | $0.51 | $0.25 | 31.4% | 168.0% |
| Free Cash Flow | $69M | $115M | $22M | -40.4% | 211.9% |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $387M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $216M |
| SG&A Expenses | $216M |
| Other Expenses | -$61M |
| Operating Expenses | $237M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $150M |
| Interest Income | $2M |
| Interest Expense | $52M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $94M |
| EBIT | $165M |
| EBITDA | $259M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $463M |
| GROSS PROFIT | $387M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $216M |
| SG&A Expenses | $216M |
| Other Expenses | -$61M |
| Operating Expenses | $237M |
| Cost & Expenses | $700M |
| OPERATING INCOME | $150M |
| Interest Income | $2M |
| Interest Expense | $52M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $112M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $94M |
| EBIT | $165M |
| EBITDA | $259M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$108M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$387.0K |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$286.0K |
| NET CASH FROM FINANCING | -$165M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $0 |
| Net Receivables | $535M |
| Inventory | $638M |
| Other Current Assets | $114M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.7B |
| Goodwill | $3.9B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $193M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $525M |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $4.1B |
| Net Debt | $3.7B |
