Reported December 30, 2023
| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $688M | — | $561M | — | 22.6% |
| Op. Income | $169M | — | $130M | — | 30.2% |
| Gross Margin | 29.7% | — | 27.8% | — | 1.8pp |
| Net Margin | 3.7% | — | -7.4% | — | 11.1pp |
| EPS (Diluted) | $0.05 | — | $-0.07 | — | 162.2% |
| Free Cash Flow | $81M | — | $3M | — | 2283.3% |
| Item | Amount |
|---|---|
| REVENUE | $688M |
| Cost of Revenue | $484M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $32M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $169M |
| Interest Income | $2M |
| Interest Expense | $19M |
| Other Income/Expenses | -$136M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $43M |
| EBIT | $37M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $688M |
| Cost of Revenue | $484M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $32M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $518M |
| OPERATING INCOME | $169M |
| Interest Income | $2M |
| Interest Expense | $19M |
| Other Income/Expenses | -$136M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $43M |
| EBIT | $37M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $55.7K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $30M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $219M |
| PP&E (Net) | $336M |
| Goodwill | $0 |
| Intangible Assets | $402.0K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $358M |
| TOTAL ASSETS | $577M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $176M |
| TOTAL LIABILITIES | $305M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $494M |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$224M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $270M |
| Minority Interest | $2M |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $577M |
| Total Debt | $203M |
| Net Debt | $50M |