| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $620M | $672M | $545M | -7.7% | 13.8% |
| Op. Income | $102M | $140M | $59M | -27.1% | 72.9% |
| Gross Margin | 56.5% | 57.9% | 59.4% | -1.4pp | -3.0pp |
| Net Margin | 17.7% | 16.4% | 9.4% | 1.4pp | 8.4pp |
| EPS (Diluted) | $0.30 | $0.30 | $0.13 | 0.0% | 130.8% |
| Free Cash Flow | $278M | -$46M | -$37M | 704.3% | 851.4% |
| Item | Amount |
|---|---|
| REVENUE | $620M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $136M |
| SG&A Expenses | $142M |
| Other Expenses | $106M |
| Operating Expenses | $248M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $102M |
| Interest Income | $569M |
| Interest Expense | $247M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $18M |
| EBIT | $102M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $620M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $350M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $136M |
| SG&A Expenses | $142M |
| Other Expenses | $106M |
| Operating Expenses | $248M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $102M |
| Interest Income | $569M |
| Interest Expense | $247M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $18M |
| EBIT | $102M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $179M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $326M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$648M |
| Sales/Maturities of Investments | $459M |
| Other Investing Activities | -$233M |
| NET CASH FROM INVESTING | -$470M |
| Net Debt Issuance | $191M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $338M |
| NET CASH FROM FINANCING | $485M |
| FREE CASH FLOW | $278M |
| Net Change in Cash | $341M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $3.0B |
| Net Receivables | $742M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $536M |
| Goodwill | $2.5B |
| Intangible Assets | $51M |
| Long-Term Investments | $37.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $42.5B |
| TOTAL ASSETS | $48.6B |
| Account Payables | $0 |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.1B |
| TOTAL CURRENT LIABILITIES | $38.2B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $948M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $42.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$180M |
| Accum. Other Comp. Income | -$169M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $48.6B |
| Total Debt | $4.3B |
| Net Debt | $1.8B |
