| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $509M | — | $737M | — | -30.9% |
| Op. Income | $34M | — | $212M | — | -83.8% |
| Gross Margin | 66.8% | — | 69.8% | — | -3.0pp |
| Net Margin | 12.0% | — | 35.1% | — | -23.1pp |
| EPS (Diluted) | $0.44 | — | $1.85 | — | -76.2% |
| Free Cash Flow | $120M | — | $236M | — | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $340M |
| R&D Expenses | $159M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $30M |
| Operating Expenses | $306M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $34M |
| Interest Income | $4M |
| Interest Expense | $266.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $46M |
| EBIT | $61M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $340M |
| R&D Expenses | $159M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $30M |
| Operating Expenses | $306M |
| Cost & Expenses | $475M |
| OPERATING INCOME | $34M |
| Interest Income | $4M |
| Interest Expense | $266.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$25M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $46M |
| EBIT | $61M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $53M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $141M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $120M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $103M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $67M |
| Goodwill | $315M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $67M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $479M |
| TOTAL ASSETS | $844M |
| Account Payables | $37M |
| Short-Term Debt | $6M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $133M |
| Common Stock | $1M |
| Additional Paid-In Capital | $504M |
| Retained Earnings | $209M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $711M |
| Minority Interest | $0 |
| TOTAL EQUITY | $711M |
| TOTAL LIABILITIES & EQUITY | $844M |
| Total Debt | $15M |
| Net Debt | -$121M |
