| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $819M | $1.0B | 28.5% | 3.5% |
| Op. Income | $122M | $63M | $67M | 94.1% | 82.5% |
| Gross Margin | 18.1% | 14.9% | 12.5% | 3.1pp | 5.6pp |
| Net Margin | 5.9% | 4.1% | 2.4% | 1.7pp | 3.4pp |
| EPS (Diluted) | $1.90 | $1.06 | $0.76 | 79.2% | 150.0% |
| Free Cash Flow | $118M | -$49M | -$31M | 339.8% | 475.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $862M |
| GROSS PROFIT | $190M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | -$5M |
| Operating Expenses | $68M |
| Cost & Expenses | $929M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $33M |
| EBIT | $124M |
| EBITDA | $158M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $862M |
| GROSS PROFIT | $190M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | -$5M |
| Operating Expenses | $68M |
| Cost & Expenses | $929M |
| OPERATING INCOME | $122M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $33M |
| EBIT | $124M |
| EBITDA | $158M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $100.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $352M |
| Short-Term Investments | $0 |
| Net Receivables | $569M |
| Inventory | $771M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $2.2B |
| Goodwill | $129M |
| Intangible Assets | $34M |
| Long-Term Investments | $142M |
| Tax Assets | $34M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $371M |
| Short-Term Debt | $352M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$352M |
| TOTAL CURRENT LIABILITIES | $665M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $375M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $202M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.2B |
| Net Debt | $1.8B |
