| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $663M | $693M | $559M | -4.3% | 18.7% |
| Op. Income | $87M | $94M | $59M | -7.2% | 48.2% |
| Gross Margin | 48.2% | 46.5% | 48.4% | 1.7pp | -0.3pp |
| Net Margin | 5.6% | 6.0% | 4.2% | -0.4pp | 1.4pp |
| EPS (Diluted) | $0.17 | $0.19 | $0.12 | -10.5% | 41.7% |
| Free Cash Flow | $27M | $64M | -$36M | -58.1% | 174.4% |
| Item | Amount |
|---|---|
| REVENUE | $663M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $319M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $107M |
| SG&A Expenses | $143M |
| Other Expenses | $90M |
| Operating Expenses | $232M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $70M |
| EBIT | $87M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $663M |
| Cost of Revenue | $344M |
| GROSS PROFIT | $319M |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $107M |
| SG&A Expenses | $143M |
| Other Expenses | $90M |
| Operating Expenses | $232M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $70M |
| EBIT | $87M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $593.0K |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | -$136M |
| Acquisitions (Net) | -$293.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $60M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $5.5B |
| Goodwill | $1.2B |
| Intangible Assets | $172M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $88M |
| Short-Term Debt | $23M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $85M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$421M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $4.0B |
| Net Debt | $4.0B |
