| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $474M | $457M | $458M | 3.8% | 3.6% |
| Op. Income | $9M | $53M | $48M | -83.0% | -81.3% |
| Gross Margin | 25.0% | 23.3% | 22.5% | 1.7pp | 2.5pp |
| Net Margin | 1.2% | 8.7% | -4.0% | -7.5pp | 5.2pp |
| EPS (Diluted) | $0.07 | $0.48 | $-0.22 | -85.3% | 132.2% |
| Free Cash Flow | $144M | $73M | $145M | 96.5% | -0.8% |
| Item | Amount |
|---|---|
| REVENUE | $474M |
| Cost of Revenue | $355M |
| GROSS PROFIT | $119M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $48M |
| Operating Expenses | $110M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $800.0K |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $31M |
| EBIT | $9M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $474M |
| Cost of Revenue | $355M |
| GROSS PROFIT | $119M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $48M |
| Operating Expenses | $110M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $800.0K |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $31M |
| EBIT | $9M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$105M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $242M |
| Inventory | $356M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $782M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $237M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $354M |
| Long-Term Debt | $699M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $81M |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $844M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $970M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $701M |
| Net Debt | $575M |
