| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.2B | — | -5.1% |
| Op. Income | $23M | — | $122M | — | -81.1% |
| Gross Margin | 26.7% | — | 26.8% | — | -0.1pp |
| Net Margin | -21.3% | — | 4.9% | — | -26.1pp |
| EPS (Diluted) | $-0.99 | — | $0.10 | — | -1110.2% |
| Free Cash Flow | -$43M | — | -$53M | — | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $855M |
| GROSS PROFIT | $312M |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $79M |
| SG&A Expenses | $113M |
| Other Expenses | $176M |
| Operating Expenses | $289M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | -$221M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | -$248M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$248M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$248M |
| D&A | $89M |
| EBIT | -$175M |
| EBITDA | -$86M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$248M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $48M |
| Other Non-Cash Items | $234M |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $211M |
| Purchases of Investments | -$170M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $17M |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $277M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $810M |
| Goodwill | $4.1B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $33M |
| Tax Assets | $577M |
| Other Non-Current Assets | $494M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $11.8B |
| Account Payables | $645M |
| Short-Term Debt | $26M |
| Deferred Revenue | $267M |
| Other Current Liabilities | $192M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $275M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $7.4B |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.4B |
| TOTAL LIABILITIES & EQUITY | $11.8B |
| Total Debt | $3.0B |
| Net Debt | $361M |
