| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $3.9B | $3.9B | 4.6% | 5.2% |
| Op. Income | $63M | $902M | $943M | -93.0% | -93.3% |
| Gross Margin | 55.9% | 55.0% | 56.5% | 0.9pp | -0.5pp |
| Net Margin | -3.5% | 15.8% | 17.9% | -19.4pp | -21.5pp |
| EPS (Diluted) | $-0.11 | $0.45 | $0.49 | -124.4% | -122.4% |
| Free Cash Flow | $674M | $503M | $142M | 34.0% | 374.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $917M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $173M |
| Other Income/Expenses | -$217M |
| INCOME BEFORE TAX | -$154M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$144M |
| D&A | $183M |
| EBIT | $93M |
| EBITDA | $276M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$144M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$275M |
| Other Non-Cash Items | $763M |
| Change in Working Capital | $300M |
| OPERATING CASH FLOW | $849M |
| Capital Expenditure | -$175M |
| Acquisitions (Net) | -$915M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $631M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$311M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $281M |
| FREE CASH FLOW | $674M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $510M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.3B |
| Other Current Assets | $403M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $3.8B |
| Goodwill | $20.1B |
| Intangible Assets | $23.6B |
| Long-Term Investments | $1.6B |
| Tax Assets | $39M |
| Other Non-Current Assets | $231M |
| TOTAL NON-CURRENT ASSETS | $49.4B |
| TOTAL ASSETS | $53.4B |
| Account Payables | $3.0B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $495M |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $12.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.4B |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $21.1B |
| TOTAL LIABILITIES | $29.2B |
| Common Stock | $14M |
| Additional Paid-In Capital | $19.7B |
| Retained Earnings | $4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$276M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.2B |
| TOTAL LIABILITIES & EQUITY | $53.4B |
| Total Debt | $17.3B |
| Net Debt | $16.8B |
