| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $530M | $567M | $534M | -6.7% | -0.8% |
| Op. Income | -$49M | $88M | $65M | -156.4% | -176.7% |
| Gross Margin | 33.4% | 38.1% | 36.3% | -4.7pp | -2.9pp |
| Net Margin | -9.8% | 10.2% | 8.0% | -20.0pp | -17.8pp |
| EPS (Diluted) | $-1.57 | $2.32 | $1.71 | -167.7% | -191.8% |
| Free Cash Flow | $135M | $65M | $121M | 107.3% | 11.2% |
| Item | Amount |
|---|---|
| REVENUE | $530M |
| Cost of Revenue | $353M |
| GROSS PROFIT | $177M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $113M |
| Operating Expenses | $226M |
| Cost & Expenses | $579M |
| OPERATING INCOME | -$49M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $32M |
| EBIT | -$33M |
| EBITDA | -$1M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $86M |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $161M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $135M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $725M |
| Short-Term Investments | $976.0K |
| Net Receivables | $306M |
| Inventory | $416M |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $549M |
| Goodwill | $1.2B |
| Intangible Assets | $482M |
| Long-Term Investments | $23M |
| Tax Assets | $5M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $188M |
| Short-Term Debt | $68M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $434M |
| Long-Term Debt | $789M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $262.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$305M |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $355.0K |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $931M |
| Net Debt | $206M |
