| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.6B | — | $9.2B | — | 5.0% |
| Op. Income | -$230M | — | -$298M | — | 22.8% |
| Gross Margin | 24.1% | — | 21.5% | — | 2.6pp |
| Net Margin | -3.2% | — | -4.0% | — | 0.7pp |
| EPS (Diluted) | $-0.93 | — | $-1.12 | — | 17.0% |
| Free Cash Flow | -$806M | — | -$544M | — | -48.2% |
| Item | Amount |
|---|---|
| REVENUE | $9.6B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $316M |
| General & Administrative | $0 |
| SG&A Expenses | $316M |
| Other Expenses | $2.2B |
| Operating Expenses | $2.5B |
| Cost & Expenses | $9.8B |
| OPERATING INCOME | -$230M |
| Interest Income | $89M |
| Interest Expense | $210M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | -$334M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$310M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$310M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$310M |
| D&A | $559M |
| EBIT | -$33M |
| EBITDA | $526M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$310M |
| Depreciation & Amortization | $621M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $400M |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | -$131M |
| Purchases of Investments | -$543M |
| Sales/Maturities of Investments | $501M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$806M |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $401M |
| Net Receivables | $336M |
| Inventory | $109M |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $10.3B |
| Goodwill | $0 |
| Intangible Assets | $349M |
| Long-Term Investments | $357M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $719M |
| TOTAL NON-CURRENT ASSETS | $13.2B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $641M |
| Short-Term Debt | $424M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $509M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $740M |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | -$98M |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $5.9B |
| Net Debt | $4.8B |
