| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $914M | — | $879M | — | 4.0% |
| Op. Income | -$56M | — | $24M | — | -327.9% |
| Gross Margin | 22.4% | — | 23.2% | — | -0.8pp |
| Net Margin | -10.7% | — | -23.4% | — | 12.6pp |
| EPS (Diluted) | $-0.27 | — | $-0.57 | — | 53.1% |
| Free Cash Flow | -$210M | — | $29M | — | -834.2% |
| Item | Amount |
|---|---|
| REVENUE | $914M |
| Cost of Revenue | $709M |
| GROSS PROFIT | $205M |
| R&D Expenses | $80M |
| Selling & Marketing | $20M |
| General & Administrative | $179M |
| SG&A Expenses | $198M |
| Other Expenses | -$18M |
| Operating Expenses | $260M |
| Cost & Expenses | $969M |
| OPERATING INCOME | -$56M |
| Interest Income | $11M |
| Interest Expense | $14M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$94M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$98M |
| D&A | $109M |
| EBIT | -$81M |
| EBITDA | $28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$98M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$253M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $304M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $99M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | $84M |
| FREE CASH FLOW | -$210M |
| Net Change in Cash | $112M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $597M |
| Short-Term Investments | $109M |
| Net Receivables | $259M |
| Inventory | $36M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $943M |
| Goodwill | $322M |
| Intangible Assets | $18M |
| Long-Term Investments | $166M |
| Tax Assets | $17M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $157M |
| Short-Term Debt | $174M |
| Deferred Revenue | $126M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $543M |
| Long-Term Debt | $558M |
| Deferred Revenue NC | $182M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | -$178M |
| TOTAL NON-CURRENT LIABILITIES | $781M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $207M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$557M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $1.2K |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $953M |
| Net Debt | $356M |
