| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $624M | $645M | $573M | -3.2% | 8.9% |
| Op. Income | $75M | $95M | $56M | -21.2% | 35.0% |
| Gross Margin | 41.0% | 41.5% | 38.4% | -0.5pp | 2.6pp |
| Net Margin | 8.8% | 6.2% | 13.4% | 2.5pp | -4.7pp |
| EPS (Diluted) | $0.23 | $0.17 | $0.32 | 35.3% | -28.1% |
| Free Cash Flow | $116M | $86M | $95M | 35.5% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $256M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$300.0K |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $38M |
| EBIT | $81M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $256M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $167M |
| Other Expenses | $0 |
| Operating Expenses | $181M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$300.0K |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $38M |
| EBIT | $81M |
| EBITDA | $119M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$124M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $0 |
| Net Receivables | $440M |
| Inventory | $246M |
| Other Current Assets | $202M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $277M |
| Goodwill | $2.1B |
| Intangible Assets | $732M |
| Long-Term Investments | $0 |
| Tax Assets | $133M |
| Other Non-Current Assets | $330M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $121M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $380M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $94M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$350M |
| Accum. Other Comp. Income | -$467M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $15M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
