| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.2B | $3.5B | 3.4% | -5.3% |
| Op. Income | $154M | $126M | $133M | 22.2% | 15.8% |
| Gross Margin | 48.8% | 47.5% | 29.3% | 1.3pp | 19.5pp |
| Net Margin | 2.6% | -4.6% | -56.7% | 7.1pp | 59.3pp |
| EPS (Diluted) | $0.09 | $-0.15 | $-2.03 | 157.3% | 104.2% |
| Free Cash Flow | -$227M | $1.2B | -$37M | -119.2% | -513.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $711M |
| SG&A Expenses | $711M |
| Other Expenses | $758M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $154M |
| Interest Income | $29M |
| Interest Expense | $357M |
| Other Income/Expenses | -$273M |
| INCOME BEFORE TAX | -$119M |
| Income Tax Expense | -$204M |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $758M |
| EBIT | $238M |
| EBITDA | $996M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $758M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$203M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $688M |
| Capital Expenditure | -$915M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $84M |
| NET CASH FROM INVESTING | -$831M |
| Net Debt Issuance | -$610M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$610M |
| FREE CASH FLOW | -$227M |
| Net Change in Cash | -$753M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $146M |
| Other Current Assets | $257M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $20.4B |
| Goodwill | $2.0B |
| Intangible Assets | $4.8B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $29.1B |
| TOTAL ASSETS | $33.5B |
| Account Payables | $749M |
| Short-Term Debt | $395M |
| Deferred Revenue | $861M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $17.3B |
| Deferred Revenue NC | $3.7B |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $29.4B |
| TOTAL LIABILITIES | $33.0B |
| Common Stock | $19.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$18.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$723M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $464M |
| Minority Interest | $0 |
| TOTAL EQUITY | $464M |
| TOTAL LIABILITIES & EQUITY | $33.5B |
| Total Debt | $19.1B |
| Net Debt | $17.2B |
