| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $6.4B | — | -29.8% | — |
| Op. Income | -$162M | $198M | — | -181.8% | — |
| Gross Margin | -0.6% | 6.7% | — | -7.4pp | — |
| Net Margin | 8.8% | 3.1% | — | 5.7pp | — |
| EPS (Diluted) | $0.93 | $0.45 | — | 106.7% | — |
| Free Cash Flow | $598M | $154M | — | 288.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | -$29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $17M |
| Operating Expenses | $133M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | -$162M |
| Interest Income | $12M |
| Interest Expense | $52M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | -$205M |
| Income Tax Expense | -$227M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $373M |
| NET INCOME | $395M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $395M |
| D&A | $147M |
| EBIT | -$163M |
| EBITDA | -$16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $395M |
| Depreciation & Amortization | $147M |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | -$480M |
| Other Non-Cash Items | $209M |
| Change in Working Capital | $342M |
| OPERATING CASH FLOW | $679M |
| Capital Expenditure | -$81M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$517M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$360M |
| NET CASH FROM FINANCING | -$888M |
| FREE CASH FLOW | $598M |
| Net Change in Cash | -$290M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $6.2B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $13.0B |
| PP&E (Net) | $2.9B |
| Goodwill | $1.1B |
| Intangible Assets | $245M |
| Long-Term Investments | $123M |
| Tax Assets | $0 |
| Other Non-Current Assets | $892M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $18.3B |
| Account Payables | $4.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | $968M |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $642M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $12.9B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $446M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$195M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $18.3B |
| Total Debt | $3.8B |
| Net Debt | $1.3B |
