| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $950M | $864M | 10.0% | 20.9% |
| Op. Income | $325M | $250M | $113M | 30.0% | 187.6% |
| Gross Margin | 40.3% | 37.6% | 27.0% | 2.7pp | 13.3pp |
| Net Margin | 16.2% | 10.1% | -1.0% | 6.1pp | 17.2pp |
| EPS (Diluted) | $1.59 | $0.86 | $-0.24 | 84.9% | 762.5% |
| Free Cash Flow | $328M | $257M | $23M | 27.6% | 1326.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $624M |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $72M |
| Operating Expenses | $96M |
| Cost & Expenses | $720M |
| OPERATING INCOME | $325M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$109M |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $67M |
| EBIT | $338M |
| EBITDA | $405M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $624M |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $72M |
| Operating Expenses | $96M |
| Cost & Expenses | $720M |
| OPERATING INCOME | $325M |
| Interest Income | $0 |
| Interest Expense | $122M |
| Other Income/Expenses | -$109M |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $67M |
| EBIT | $338M |
| EBITDA | $405M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $123M |
| OPERATING CASH FLOW | $368M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$242M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$264M |
| FREE CASH FLOW | $328M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $0 |
| Net Receivables | $343M |
| Inventory | $17M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $541M |
| PP&E (Net) | $1.6B |
| Goodwill | $2.6B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $66M |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $75M |
| Short-Term Debt | $20M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $527M |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $7.1B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | -$317M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $5.7B |
| Net Debt | $5.6B |
