| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | — | 2.2% | — |
| Op. Income | $202M | $741M | — | -72.7% | — |
| Gross Margin | 65.9% | 69.0% | — | -3.0pp | — |
| Net Margin | 16.9% | 65.3% | — | -48.3pp | — |
| EPS (Diluted) | $1.17 | $4.41 | — | -73.5% | — |
| Free Cash Flow | $335M | $284M | — | 18.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $376M |
| GROSS PROFIT | $728M |
| R&D Expenses | $255M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $271M |
| Other Expenses | $0 |
| Operating Expenses | $526M |
| Cost & Expenses | $902M |
| OPERATING INCOME | $202M |
| Interest Income | $10M |
| Interest Expense | $25M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $71M |
| EBIT | $212M |
| EBITDA | $283M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $376M |
| GROSS PROFIT | $728M |
| R&D Expenses | $255M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $271M |
| Other Expenses | $0 |
| Operating Expenses | $526M |
| Cost & Expenses | $902M |
| OPERATING INCOME | $202M |
| Interest Income | $10M |
| Interest Expense | $25M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $71M |
| EBIT | $212M |
| EBITDA | $283M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $79M |
| Deferred Income Tax | $49M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $364M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.3B |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $335M |
| Net Change in Cash | $258M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $93M |
| Net Receivables | $751M |
| Inventory | $547M |
| Other Current Assets | $228M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.1B |
| Intangible Assets | $295M |
| Long-Term Investments | $227M |
| Tax Assets | $567M |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $221M |
| Short-Term Debt | $578M |
| Deferred Revenue | $260M |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $67M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.6B |
| Net Debt | $1.5B |
