| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $4.3B | $4.3B | -29.7% | -29.8% |
| Op. Income | -$1.8B | $302M | $130M | -683.3% | -1454.3% |
| Gross Margin | -32.5% | 33.2% | 29.9% | -65.8pp | -62.4pp |
| Net Margin | -15.6% | 5.4% | 0.6% | -21.0pp | -16.2pp |
| EPS (Diluted) | $-0.90 | $0.49 | $0.07 | -284.0% | -1354.0% |
| Free Cash Flow | -$139M | $194M | -$79M | -171.5% | -75.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | -$990M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $687M |
| Other Expenses | $48M |
| Operating Expenses | $773M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | -$1.8B |
| Interest Income | $35.1K |
| Interest Expense | $40.7K |
| Other Income/Expenses | $1.0B |
| INCOME BEFORE TAX | -$730M |
| Income Tax Expense | -$174M |
| Net Income from Continuing Ops | -$557M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $2 |
| NET INCOME | -$475M |
| Net Income Deductions | -$558.9K |
| BOTTOM LINE NET INCOME | -$475M |
| D&A | $695M |
| EBIT | -$1.8B |
| EBITDA | -$1.1B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$527M |
| Depreciation & Amortization | $664M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$164M |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $544M |
| OPERATING CASH FLOW | $449M |
| Capital Expenditure | -$588M |
| Acquisitions (Net) | -$741.8K |
| Purchases of Investments | -$376M |
| Sales/Maturities of Investments | $211M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$747M |
| Net Debt Issuance | $156M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$83M |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | $133M |
| FREE CASH FLOW | -$139M |
| Net Change in Cash | -$160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $786M |
| Net Receivables | $4.2B |
| Inventory | $714M |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $9.7B |
| PP&E (Net) | $10.9B |
| Goodwill | $185M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $5.5B |
| Tax Assets | $460M |
| Other Non-Current Assets | $605M |
| TOTAL NON-CURRENT ASSETS | $18.7B |
| TOTAL ASSETS | $28.4B |
| Account Payables | $702M |
| Short-Term Debt | $2.9B |
| Deferred Revenue | $42M |
| Other Current Liabilities | $5.8B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $101M |
| Deferred Tax Liabilities | $623M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $977M |
| Retained Earnings | $5.6B |
| Treasury Stock | -$146M |
| Accum. Other Comp. Income | $3.4B |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $28.4B |
| Total Debt | $7.8B |
| Net Debt | $5.3B |
