| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | — | $5.9B | — | -14.6% |
| Op. Income | -$1.5B | — | $408M | — | -477.4% |
| Gross Margin | 57.3% | — | 58.9% | — | -1.6pp |
| Net Margin | -29.8% | — | 3.5% | — | -33.2pp |
| EPS (Diluted) | $-10.73 | — | $1.47 | — | -829.9% |
| Free Cash Flow | $516M | — | $199M | — | 159.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $307M |
| Selling & Marketing | $358M |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.8B |
| Other Expenses | $2.3B |
| Operating Expenses | $4.4B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | -$1.5B |
| Interest Income | $23M |
| Interest Expense | $186M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | -$1.7B |
| Income Tax Expense | -$221M |
| Net Income from Continuing Ops | -$1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.5B |
| D&A | $660M |
| EBIT | -$1.5B |
| EBITDA | -$863M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$1.5B |
| Depreciation & Amortization | $660M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$244M |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | -$206M |
| OPERATING CASH FLOW | $726M |
| Capital Expenditure | -$209M |
| Acquisitions (Net) | $330M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $118M |
| Net Debt Issuance | -$399M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$388M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$818M |
| FREE CASH FLOW | $516M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $545M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $332M |
| Other Current Assets | $418M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $334M |
| Goodwill | $2.3B |
| Intangible Assets | $588M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $341M |
| Short-Term Debt | $500M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $113M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $432M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $2.2B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$202M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $25M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $3.5B |
| Net Debt | $3.0B |
