| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -5.2% | 2.9% |
| Op. Income | $56M | $107M | $89M | -47.7% | -37.2% |
| Gross Margin | 76.3% | 76.3% | 77.5% | -0.0pp | -1.2pp |
| Net Margin | 0.8% | 3.3% | 4.6% | -2.5pp | -3.8pp |
| EPS (Diluted) | $0.10 | $0.43 | $0.55 | -76.7% | -81.8% |
| Free Cash Flow | $61M | $49M | $11M | 25.4% | 463.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $288M |
| GROSS PROFIT | $927M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $474M |
| Other Expenses | $397M |
| Operating Expenses | $872M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $56M |
| Interest Income | $3M |
| Interest Expense | $41M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $28M |
| EBIT | $59M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $288M |
| GROSS PROFIT | $927M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $474M |
| Other Expenses | $397M |
| Operating Expenses | $872M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $56M |
| Interest Income | $3M |
| Interest Expense | $41M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $28M |
| EBIT | $59M |
| EBITDA | $87M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $575M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $505M |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $692M |
| Goodwill | $95M |
| Intangible Assets | $314M |
| Long-Term Investments | $0 |
| Tax Assets | $179M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $84M |
| Short-Term Debt | $310M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $470M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $172M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $234M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$232M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $2.8B |
| Net Debt | $2.2B |
