| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $6.6B | $6.1B | -7.8% | -0.6% |
| Op. Income | $91M | $141M | $104M | -35.1% | -12.3% |
| Gross Margin | 11.1% | 10.7% | 11.1% | 0.4pp | -0.0pp |
| Net Margin | 0.8% | 1.2% | 1.1% | -0.4pp | -0.3pp |
| EPS (Diluted) | $0.32 | $0.52 | $0.44 | -38.5% | -27.3% |
| Free Cash Flow | $200M | $65M | -$482M | 208.2% | 141.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $5.4B |
| GROSS PROFIT | $672M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $581M |
| Other Expenses | $0 |
| Operating Expenses | $581M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $87M |
| EBIT | $97M |
| EBITDA | $184M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $5.4B |
| GROSS PROFIT | $672M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $581M |
| Other Expenses | $0 |
| Operating Expenses | $581M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $87M |
| EBIT | $97M |
| EBITDA | $184M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $74M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $310M |
| Capital Expenditure | -$110M |
| Acquisitions (Net) | $52.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | -$170M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$210M |
| FREE CASH FLOW | $200M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $574M |
| Short-Term Investments | $0 |
| Net Receivables | $221M |
| Inventory | $3.7B |
| Other Current Assets | $753M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $4.2B |
| Goodwill | $141M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $99M |
| Other Non-Current Assets | $17.5B |
| TOTAL NON-CURRENT ASSETS | $22.0B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $934M |
| Short-Term Debt | $742M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $335M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $18.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $355M |
| TOTAL NON-CURRENT LIABILITIES | $18.8B |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $79M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $19.3B |
| Net Debt | $18.7B |
