| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $647M | $1.1B | — | -40.7% | — |
| Op. Income | $37M | $210M | — | -82.3% | — |
| Gross Margin | 17.4% | 24.7% | — | -7.3pp | — |
| Net Margin | 3.2% | 13.4% | — | -10.2pp | — |
| EPS (Diluted) | $0.36 | $2.59 | — | -86.1% | — |
| Free Cash Flow | $145M | $203M | — | -28.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $610M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $31M |
| EBIT | $41M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $610M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $31M |
| EBIT | $41M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $588.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$89M |
| Change in Working Capital | $218M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $145M |
| Net Change in Cash | $146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $0 |
| Net Receivables | $267M |
| Inventory | $320M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $914M |
| PP&E (Net) | $1.4B |
| Goodwill | $274M |
| Intangible Assets | $11M |
| Long-Term Investments | $41M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $108M |
| Short-Term Debt | $7M |
| Deferred Revenue | $51M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $347M |
| Long-Term Debt | $675M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $175M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $987M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $570.0K |
| Additional Paid-In Capital | $615M |
| Retained Earnings | $666M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $726M |
| Net Debt | $464M |
