| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $932M | — | $914M | — | 2.0% |
| Op. Income | -$167M | — | -$56M | — | -200.0% |
| Gross Margin | 14.4% | — | 22.4% | — | -8.0pp |
| Net Margin | -24.6% | — | -10.7% | — | -13.9pp |
| EPS (Diluted) | $-0.65 | — | $-0.27 | — | -143.5% |
| Free Cash Flow | -$133M | — | -$210M | — | 36.5% |
| Item | Amount |
|---|---|
| REVENUE | $932M |
| Cost of Revenue | $797M |
| GROSS PROFIT | $134M |
| R&D Expenses | $59M |
| Selling & Marketing | $20M |
| General & Administrative | $200M |
| SG&A Expenses | $220M |
| Other Expenses | $21M |
| Operating Expenses | $301M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$167M |
| Interest Income | $3M |
| Interest Expense | $14M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | -$227M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$229M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.2K |
| NET INCOME | -$229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$229M |
| D&A | $119M |
| EBIT | -$213M |
| EBITDA | -$94M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$229M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $203M |
| Change in Working Capital | -$80M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$155M |
| Acquisitions (Net) | $50M |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | -$133M |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358M |
| Short-Term Investments | $106M |
| Net Receivables | $255M |
| Inventory | $36M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $797M |
| PP&E (Net) | $963M |
| Goodwill | $331M |
| Intangible Assets | $31M |
| Long-Term Investments | $49M |
| Tax Assets | $20M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $100M |
| Short-Term Debt | $59M |
| Deferred Revenue | $128M |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $403M |
| Long-Term Debt | $459M |
| Deferred Revenue NC | $219M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $720M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $208M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$786M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $1.2K |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $519M |
| Net Debt | $160M |
