| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | — | $1.4B | — | 6.8% |
| Op. Income | -$359M | — | $81M | — | -545.6% |
| Gross Margin | 19.3% | — | 20.8% | — | -1.4pp |
| Net Margin | -43.1% | — | -13.6% | — | -29.5pp |
| EPS (Diluted) | $-3.46 | — | $-1.21 | — | -186.9% |
| Free Cash Flow | -$612M | — | -$723M | — | 15.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $281M |
| R&D Expenses | $6M |
| Selling & Marketing | $21M |
| General & Administrative | $173M |
| SG&A Expenses | $194M |
| Other Expenses | $440M |
| Operating Expenses | $640M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | -$359M |
| Interest Income | $14M |
| Interest Expense | $298M |
| Other Income/Expenses | -$269M |
| INCOME BEFORE TAX | -$628M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$626M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$627M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$635M |
| D&A | $530M |
| EBIT | -$331M |
| EBITDA | $199M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$627M |
| Depreciation & Amortization | $530M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | -$43M |
| Other Non-Cash Items | $463M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | $302M |
| Capital Expenditure | -$914M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$924M |
| Net Debt Issuance | $474M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $459M |
| FREE CASH FLOW | -$612M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $372M |
| Inventory | $0 |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $7.7B |
| Goodwill | $1.0B |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $42M |
| Other Non-Current Assets | $358M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $500M |
| Short-Term Debt | $414M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $75.4K |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$142M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $24M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $7.0B |
| Net Debt | $5.9B |
