| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.4B | $1.4B | 19.3% | 17.8% |
| Op. Income | $100M | -$144M | $38M | 169.2% | 160.2% |
| Gross Margin | 62.0% | 54.6% | 62.9% | 7.4pp | -0.8pp |
| Net Margin | 4.3% | -7.4% | 2.4% | 11.7pp | 1.9pp |
| EPS (Diluted) | $0.69 | $-1.00 | $0.33 | 169.0% | 109.1% |
| Free Cash Flow | $266M | $185M | -$100M | 43.6% | 366.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $542M |
| SG&A Expenses | $542M |
| Other Expenses | $399M |
| Operating Expenses | $941M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $52M |
| EBIT | $144M |
| EBITDA | $196M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $542M |
| SG&A Expenses | $542M |
| Other Expenses | $399M |
| Operating Expenses | $941M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $52M |
| EBIT | $144M |
| EBITDA | $196M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $65M |
| Change in Working Capital | $126M |
| OPERATING CASH FLOW | $325M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $791M |
| Other Investing Activities | $259M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$535M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | -$910M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $266M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $436M |
| Inventory | $0 |
| Other Current Assets | -$2.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $960M |
| Goodwill | $1.8B |
| Intangible Assets | $799M |
| Long-Term Investments | $8.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$12.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.9B |
| Account Payables | $67M |
| Short-Term Debt | $644M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.2B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $210M |
| Deferred Tax Liabilities | $139M |
| Other Non-Current Liabilities | $7.9B |
| TOTAL NON-CURRENT LIABILITIES | $10.0B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$496M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $19M |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $2.4B |
| Net Debt | $617M |
