| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | — | $473M | — | 28.8% |
| Op. Income | $34M | — | $15M | — | 130.0% |
| Gross Margin | 24.5% | — | 27.4% | — | -3.0pp |
| Net Margin | 6.0% | — | 4.1% | — | 1.9pp |
| EPS (Diluted) | $0.30 | — | $0.16 | — | 87.5% |
| Free Cash Flow | -$101M | — | -$60M | — | -70.3% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $460M |
| GROSS PROFIT | $149M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $575M |
| OPERATING INCOME | $34M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$10M |
| 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 | $59M |
| EBIT | $34M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $460M |
| GROSS PROFIT | $149M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $575M |
| OPERATING INCOME | $34M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | -$10M |
| 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 | $59M |
| EBIT | $34M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $59M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$112M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$164M |
| Net Debt Issuance | $147M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $302M |
| Inventory | $7M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $333M |
| Goodwill | $332M |
| Intangible Assets | $439M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $165M |
| Short-Term Debt | $8M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $331M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $136M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $828M |
| Common Stock | $721M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | $44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $803M |
| Minority Interest | $0 |
| TOTAL EQUITY | $803M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $396M |
| Net Debt | $379M |
