| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $657M | $626M | $617M | 5.0% | 6.6% |
| Op. Income | $60M | $48M | $10M | 25.3% | 495.4% |
| Gross Margin | 59.9% | 56.8% | 56.9% | 3.2pp | 3.0pp |
| Net Margin | 4.0% | 8.3% | 2.4% | -4.3pp | 1.6pp |
| EPS (Diluted) | $0.19 | $0.38 | $0.11 | -50.0% | 72.7% |
| Free Cash Flow | $193M | $162M | $82M | 19.5% | 136.2% |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $394M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $253M |
| Other Expenses | $47M |
| Operating Expenses | $334M |
| Cost & Expenses | $597M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $815.0K |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $68M |
| EBIT | $77M |
| EBITDA | $145M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $263M |
| GROSS PROFIT | $394M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $253M |
| Other Expenses | $47M |
| Operating Expenses | $334M |
| Cost & Expenses | $597M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $815.0K |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $68M |
| EBIT | $77M |
| EBITDA | $145M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $162M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $784M |
| Short-Term Investments | $106M |
| Net Receivables | $578M |
| Inventory | $659M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $612M |
| Goodwill | $1.4B |
| Intangible Assets | $795M |
| Long-Term Investments | $66M |
| Tax Assets | $94M |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $75M |
| Short-Term Debt | $443M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $856M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $137.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $537M |
| Net Debt | -$247M |
