| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $343M | $336M | $304M | 2.1% | 12.8% |
| Op. Income | $30M | $46M | $35M | -34.9% | -15.1% |
| Gross Margin | 55.0% | 55.0% | 54.0% | 0.0pp | 1.1pp |
| Net Margin | 5.9% | 9.3% | 9.7% | -3.4pp | -3.7pp |
| EPS (Diluted) | $0.40 | $0.61 | $0.57 | -34.4% | -29.8% |
| Free Cash Flow | $54M | -$15M | $68M | 458.2% | -19.6% |
| Item | Amount |
|---|---|
| REVENUE | $343M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $189M |
| R&D Expenses | $24M |
| Selling & Marketing | $7M |
| General & Administrative | $108M |
| SG&A Expenses | $115M |
| Other Expenses | $19M |
| Operating Expenses | $159M |
| Cost & Expenses | $313M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | $49M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $343M |
| Cost of Revenue | $154M |
| GROSS PROFIT | $189M |
| R&D Expenses | $24M |
| Selling & Marketing | $7M |
| General & Administrative | $108M |
| SG&A Expenses | $115M |
| Other Expenses | $19M |
| Operating Expenses | $159M |
| Cost & Expenses | $313M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $19M |
| EBIT | $49M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$108.0K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $0 |
| Net Receivables | $207M |
| Inventory | $317M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $769M |
| PP&E (Net) | $311M |
| Goodwill | $565M |
| Intangible Assets | $406M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $73M |
| Short-Term Debt | $10M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $300M |
| Long-Term Debt | $798M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $935M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $508.0K |
| Additional Paid-In Capital | $635M |
| Retained Earnings | $360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $960M |
| Minority Interest | $0 |
| TOTAL EQUITY | $960M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $808M |
| Net Debt | $629M |
