| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.3B | $3.0B | 1.4% | 9.8% |
| Op. Income | $217M | $254M | -$123M | -14.8% | 276.3% |
| Gross Margin | 26.9% | 27.6% | 27.1% | -0.6pp | -0.2pp |
| Net Margin | 4.3% | 5.2% | -5.5% | -0.9pp | 9.8pp |
| EPS (Diluted) | $1.70 | $2.01 | $-1.97 | -15.4% | 186.3% |
| Free Cash Flow | $665M | $162M | $412M | 311.8% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $896M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $595M |
| Other Expenses | $85M |
| Operating Expenses | $680M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $171M |
| EBIT | $247M |
| EBITDA | $418M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $896M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $595M |
| Other Expenses | $85M |
| Operating Expenses | $680M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $171M |
| EBIT | $247M |
| EBITDA | $418M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $144M |
| Depreciation & Amortization | $171M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $68M |
| Change in Working Capital | $330M |
| OPERATING CASH FLOW | $777M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$210M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$547M |
| FREE CASH FLOW | $665M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $493M |
| Other Current Assets | $698M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $3.0B |
| Goodwill | $6.4B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $652M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $876M |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $392M |
| Other Current Liabilities | $495M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $383M |
| Other Non-Current Liabilities | $517M |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $8M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $8.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$262M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $14M |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $7.3B |
| Net Debt | $5.8B |
