| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.5B | — | -8.5% |
| Op. Income | $174M | — | $325M | — | -46.6% |
| Gross Margin | 39.4% | — | 37.4% | — | 2.0pp |
| Net Margin | 5.1% | — | 7.3% | — | -2.3pp |
| EPS (Diluted) | $0.49 | — | $0.75 | — | -34.7% |
| Free Cash Flow | $283M | — | $250M | — | 13.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $919M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $597M |
| Other Expenses | $80M |
| Operating Expenses | $745M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $174M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $167M |
| EBIT | $178M |
| EBITDA | $345M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $919M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $597M |
| Other Expenses | $80M |
| Operating Expenses | $745M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $174M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $118M |
| D&A | $167M |
| EBIT | $178M |
| EBITDA | $345M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $118M |
| Depreciation & Amortization | $167M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$600.0K |
| OPERATING CASH FLOW | $336M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$215M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$250M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$77M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $283M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $0 |
| Net Receivables | $462M |
| Inventory | $299M |
| Other Current Assets | $115M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $297M |
| Goodwill | $2.3B |
| Intangible Assets | $879M |
| Long-Term Investments | $28M |
| Tax Assets | $121M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $141M |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $369M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $152M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$342M |
| Accum. Other Comp. Income | -$346M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $16M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
