| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $657M | $1.1B | $647M | -40.5% | 1.6% |
| Op. Income | $44M | $209M | $37M | -78.9% | 18.4% |
| Gross Margin | 17.4% | 24.7% | 17.4% | -7.3pp | -0.0pp |
| Net Margin | 3.5% | 13.4% | 3.2% | -9.9pp | 0.3pp |
| EPS (Diluted) | $0.41 | $2.60 | $0.36 | -84.2% | 13.9% |
| Free Cash Flow | $127M | $216M | $145M | -41.2% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $543M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $613M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $35M |
| EBIT | $47M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $543M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $613M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $35M |
| EBIT | $47M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$116M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$157M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $127M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $0 |
| Net Receivables | $267M |
| Inventory | $380M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $988M |
| PP&E (Net) | $1.5B |
| Goodwill | $297M |
| Intangible Assets | $29M |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $141M |
| Short-Term Debt | $10M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $370M |
| Long-Term Debt | $667M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $175M |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $570.0K |
| Additional Paid-In Capital | $621M |
| Retained Earnings | $868M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $727M |
| Net Debt | $446M |
